fbpx
LONG-TERM CARE

Veteran's Assistance (VA) Benefits

We can help you meet all program requirements and show you how to maintain your VA Pension eligibility.

VA Pension

The VA Pension is a program that provides monthly income for wartime Veterans (or their survivors) who meet certain age or disability requirements, and who have income and net worth within certain limits. If you need help with the activities of daily life you may also qualify for increased benefits under the VA Aid and Attendance benefit.

VA Eligibility

There are three elements of VA Pension eligibility: 1. military record, 2. age or medical need, and 3. financial need

1. Military Record

To be eligible for a VA Pension, a veteran:

  • Must not have received a dishonorable discharge, and; must have served during a time of war.
  • Most veterans seeking benefits today will qualify if they served at least 90 days of active duty, some of which (at least one day) was during a time of war (WWII, Korea or Vietnam).
  • Gulf War veterans have a somewhat different requirement, you can view details at the US Department of Veterans Affairs.

  • 2. Medical Requirements

    VA Pension
    Veterans meet the age/medical eligibility requirements if they are at least 65 years old or have a disability that is permanent, requires long-term care, or qualifies for Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI).

    Aid and Attendance
    VA Aid and Attendance benefits provide monthly payments added to the amount of a monthly VA pension. If your loved one needs help with the activities of daily life they may qualify for this additional benefit.

    If one of the following applies to your loved one, they could qualify for Aid and Attendance:
  • If they need help with the activities of daily life, like bathing, feeding, and dressing.
  • If they are largely bedridden due to illness or disability.
  • If they have severely limited vision.
  • If they are a patient in a nursing home.

  • 3. Financial Requirements

    Veterans must also show a financial need for a VA Pension. This means that their income and assets must be below certain limits set by the US Congress. We can help you meet this requirement and show you how to maintain your eligibility.

    Ultimately, the goal of Estate Planning is to cover the cost of long-term care while preserving assets and maximizing your Veteran Benefit to the greatest extent possible.

    Estate Planning For VA Benefits

    For those who qualify for VA Pension, that benefit will likely be just one part of planning for long-term care.  Estate planning enables you to ensure and maintain VA eligibility and find the best tools for maximizing your VA benefit.

    Most veterans need to think about additional elements of long-term care planning that are tailored to your individual needs. You may need to consider a Trust in order to maintain VA eligibility or to preserve assets for your loved ones. Don’t make common mistakes like selling a private residence and converting it to cash, that may disqualify you from Veteran benefits. Finally, if your long-term care needs increase we can help you qualify for Medicaid so that you can afford a skilled nursing facility. 

    Schedule A Free Consultation

    FIND OUT HOW MAKE THE MOST OF YOUR VA BENEFITS

     by Jo Ann S. on Holman Law Firm
    I'm recommending him to all my friends

    Steve presented at Allen's senior center. He did a great job of communicating so effectively on a sensitive topic. He listened intently to all question and showed a sincere care for each attendee. I'm recommending him to all my friends who have estate planning or will needs.

     by anonymous on Holman Law Firm
    Living Trust Prep

    Atty. Holman was very thorough and answered all of our questions promptly. Most of the questions were via email, but he also spent time on the phone for the initial consultation, discussing our needs and reviewing documents after they were prepared. We never felt rushed or pressured. My wife and I felt completely comfortable and confident in his handling of our affairs. We highly recommend him !!

     by Julia B. on Holman Law Firm
    Professionalism and care are outstanding

    Steve's level of professionalism and care is outstanding. Steve has participated in numerous community events and each time, he blesses his audience.

     by Miroslav (Mick) on Holman Law Firm
    Financial Consultant

    Steve Holman did an outstanding job explaining complex estate matters to me and my 91 year old mother. He also helped us think through some sensitive non-legal, non-financial "elder matters" (like planning for a dignified exit and making sure her wishes were clear and codified). He is bright, energetic and has the perfect demeanor for constructively interacting with older folks. Hire him!

    Page 1 of 3:
    «
     
     
    1
    2
    3
     
    »
     
    Scroll to Top