Veteran's Assistance (VA) Benefits
We can help you meet all program requirements and show you how to maintain your VA Pension eligibility.
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.
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:
2. Medical Requirements
VA PensionVeterans 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 AttendanceVA 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:
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.
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.
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FIND OUT HOW MAKE THE MOST OF YOUR VA BENEFITS
The short answer is yes, Department of Veterans Affairs (VA) benefits can pay for at-home senior care. In this article, you will learn how to
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