Are You Sure You’re Receiving All the Veterans Benefits YouDeserve?
It may surprise you to know that many veterans aren’t receiving all thebenefits to which they are entitled. Maximizing veterans benefits is aspecial planning niche offered by experienced and qualified estate andelder care planning attorneys who assist clients with obtaining thesevaluable benefits.
Long Term Care Benefits for Veterans and the Spouses of Veterans
For example, veterans (and their spouses) who served in the U.S.military during designated war time periods and meet specific financiallimits are entitled to help with long term care costs. A qualifiedveteran with a spouse may receive up to approximately $2,000 permonth. This benefit (which is nearly $24,000 per year) is a big help inmost veteran’s budgets. These long term care benefits are commonly referred to as “ImprovedPension”, “Housebound” and “Aid and Attendance”.
These needs-based veterans benefits are for those who meetdesignated age, service-related and financial qualifications; however,don’t give up if you don’t immediately understand or meet what arewidely but erroneously reported as the financial limits (about $80,000or less in assets).An experienced and qualified estate and elder care planning attorneymay be able to help you set up an estate and asset protection planthat would qualify you now or in the future, while at the same time,preserving possible future eligibility for Medi-Cal benefits for long termcare. As noted, there are many factors that go into qualification suchas your age, family expenses, and liquidity of your assets; it’s not justone financial number.
Where to Get Qualified Legal Guidance
Only attorneys who are accredited by the Department of VeteransAffairs can help you to apply for these valuable veterans benefits.Please make sure to inquire about this important accreditation beforeproceeding.