Veterans Benefits Planning
You Deserve Your Benefits.
You Deserve Your Veterans Benefits – Aid & Attendance
Aid & Attendance is a tax-free monthly payment available to eligible veterans and surviving spouses. It aims to assist individuals with unreimbursed medical expenses and disabilities requiring the "Aid & Attendance" of another person. This benefit can be utilized at various stages of care, even extending to family members serving as caregivers.
Despite the significance of Aid & Attendance benefits, a substantial number of eligible veterans fail to apply. Rough estimates suggest that only about a quarter of those who qualify actually receive these benefits. Several factors contribute to this underutilization, including lack of awareness, the complex application process, assumptions of ineligibility, and insufficient support in navigating the VA system.
It is important to recognize that seeking financial assistance through these benefits is not a sign of weakness or dependency, but rather a well-deserved recognition for the dedicated service provided by our wartime veterans.
Qualifying for Aid & Attendance
Qualifying for Aid and Attendance benefits requires meeting specific criteria set by the Department of Veterans Affairs (VA). Veterans must have served during a recognized wartime period for at least 90 days, and they should have a medical condition that necessitates regular aid and attendance for daily activities. The VA also considers income, assets, and recurring medical expenses when determining eligibility. Demonstrating a need for care, whether through assistance at home or residing in a care facility, is crucial.
In October 2018, the VA implemented changes to Aid and Attendance rules, introducing transfer penalties and a 36-month look-back period. These changes impact eligibility and necessitate careful planning for proper timing of applications. By strategically managing the timing of applications Anderson Elder Law can optimize a Veterans chance of accessing this vital financial support to meet their long-term care needs effectively.
We are here to help you do what matters.
“Without your firm’s help I could not have done all that needed to be done.”
Mary Ellen C.