As we previously explained, over two and one-half years ago, in January of 2015, the Department of Veterans Affairs proposed significant changes to the eligibility rules for VA pension benefits. After repeated delays in the implementation of the final rules, it is now being reported that the amendments to the 2015 proposed rule changes have been completed and the final rules could be released this fall. More
- Changes in Elder Law
- Estate Planning Documents
- Long Term Care Insurance
- Plan Your Estate
- Senior Care
- Social Security
- Special Needs Trust
- Veteran's Benefits
As we have discussed in previous newsletters, one of the best kept secrets of the Department of Veterans Affairs is the veteran’s pension for a non-service connected disability. This benefit – a pension program – does not require a wartime injury. It is available to veterans (and their spouses), provided the veteran is disabled, served for no less than 90 days with at least 1 day during wartime and was honorably discharged. This pension benefit can be a tremendous blessing for those disabled veterans who are facing the burden of paying for assisted living, nursing home or in-home care.
Aid and Attendance Benefit: There is a specific type of VA pension which is very important. It is called the “Aid and Attendance” (or A&A) pension and is available to those veterans who are disabled and require the aid of another person to perform personal functions on a regular basis. Some qualified types of assistance include help with bathing, dressing, transferring, preparing meals, eating, etc. Under this program, a single veteran can receive a maximum of $1794.00 per month. A married veteran can receive up to $2127.00 per month and a surviving spouse is able to receive up to $1153.00 per month. These figures are based upon the most recent cost-of-living adjustments. More
Kiplinger’s recently published an article on benefits that many veterans and their families are eligible for, but may not be aware of. In addition to the Aid and Attendance pension which we have previously written about, other potential benefits include:
- Life insurance.
- Hearing aids.
- Spouse and dependent benefits (DIC).
- Health insurance.
- Directed care benefits for those who require help with daily living tasks.
- Agent Orange benefits.
- Home modification.
- Burial expenses.
Many of you will remember that on January 23, 2015, the Department of Veterans Affairs (“VA”) published some proposed rule changes. If adopted, these proposed rules would significantly affect the ability of veterans and their spouses to qualify for the VA pension benefit. More
Veterans and their spouses may be eligible for the Aid and Attendance Benefit to help pay for long term care. This benefit can be a tremendous help for those struggling with the high costs of long term care. For 2015, the pension program will provide a maximum of $1,788 per month to a single veteran, $2,120 to a married veteran and $1,149 to the surviving spouse of a veteran. There are four major requirements that must be satisfied in order for veterans and their spouses to be eligible for this program. More