Insider Secrets About the Veteran Pension: Aid and Attendance Benefit
One of the biggest fears many people have today is having their life savings wiped out if they have to pay for substantial medical and health care expenses, or God forbid, assisted living or nursing home care. Whether you or a family member is in crisis or not, it is important that you understand what you can do to protect your hard-earned assets!
Most veterans and their surviving spouses are not aware of a certain veterans pension benefit known as Aid and Attendance. A veteran who is over 65 and now disabled may qualify for much-needed money to pay medical bills!
In a free guide titled “Nuts and Bolts guide to Veteran Pension Benefits”, you will:
- Learn the TRUTH about the veteran pension.
- Learn how these “secret benefits” are available to certain veterans over age 65.
- Learn how these benefits can be used to pay for home health care and assisted living.
- Learn how a veteran with a spouse can receive up to $1,949 per month in assistance.
- Learn how surviving widows can qualify for $1,056 or more per month in assistance.
- Learn why certain ways of qualifying for this benefit can become a “Medicaid Time Bomb”.
The veteran pension is a monthly check mailed directly to the veteran. It can mean the difference between moving to a nursing home and staying at home.
BUT THAT’S NOT ALL. Once the VA has approved the veteran for a pension, they also get:
- Free Veterans Affairs medical treatment (no co-pay).
- Free prescriptions through VA pharmacies for fomulary drugs.
There are certain criteria that every veteran must meet:
- At least 65 years old.
- Served at least 90 days in active military service (24 months if entered service after 9/1/1980).
- Served at least 1 day during a period of war, although do not have to have served in combat.
- Discharged for any reason except “dishonorable”.
A wartime injury or disability is NOT a prerequisite for qualifying for the veteran pension.
Veterans’ service organizations (VFW, American Legion) can assist in filing a claim for the pension. What they can’t do is advise on Medicaid qualification in conjunction with veteran pension planning. For example, even if you are in a nursing home and receiving Medicaid, receiving this pension can reduce the amount your estate (and therefore your family) would be required to pay back to the state.
The rules for Medicaid and Veteran Pension are different. For example, the VA doesn’t care if you give your assets away to qualify. But that’s a huge trap for someone who is unaware of Medicaid rules. Giving assets away can make you ineligible for Medicaid benefits for as many as 5 years.
You need a comprehensive senior life plan that includes estate planning and planning for the possibility of applying for the veteran pension and/or Medicaid. Call us at 508-281-7900 to receive your FREE: “Nuts and Bolts Guide to Veteran Pension Benefits”. No pressure and no obligation.
Tags: Aid and Attendance
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July 6th, 2009 at 9:29 pm
If you live in the greater St. Louis, MO area, you can attend a workshop to find out if you or a loved on qualifies for this benefit. See calendar at http://www.MOVeteranAid.org. The workshop is free. Any qualified veteran or veteran family member who attends a workshop may have a free consultation with a professional member of the American Association for Wartime Veterans. Professional members include VA accredited Attorneys as well as financial planners who specialize in helping families with high medical costs. For those who qualify, all the VA paperwork will be filled out for you at no charge and submitted to the VA by an attorney on your behalf. The AAWV is committed to educating 1 million veteran families by 2013 about the benefit. Veterans have earned this benefit for themselves or their widows and we are working to make sure every eligible veteran gets their due. They’ve earned it; they deserve it!
August 10th, 2009 at 6:35 am
I think I should read your free guide. I am sure it is a source of valuable information.