VA Benefits – Pension Aid and Attendance
One important way to pay for long-term care is the Aid and Attendance benefit. Millions of Americans who have served our Country do not take advantage of benefits that they are rightly entitled to. This underutilized resource can save thousands of dollars and help pay for much needed care. Because few are aware of this program these benefits are underutilized and can pay for a substantial amount of your Long-Term Care costs.
This special pension benefit is available to help veterans and surviving spouses of veterans pay for their medical care. It is called the ‘Aid and Attendance Pension Benefit’ which is a cash benefit that is paid out monthly for the rest of the veteran’s or surviving spouse’s life. To qualify for this benefit, there is an income/asset threshold that must be met. This threshold is calculated by taking your income and deducting your medical expenses.
To qualify for this benefits, the veteran must meet all of the following requirements:
With proper planning, the veteran or surviving spouse can qualify for Aid and Attendance benefits while preserving their assets. Regardless of whether they meet the asset threshold.
It is important to consult a VA Accredited attorney or representative when looking to apply for this benefit. Unfortunately, there are unscrupulous and unqualified people taking advantage of veterans and making empty promises of guaranteed approval. Holland McBurns is proud to be a VA accredited attorney. Our office can quickly determine if you are eligible for this benefit and guide you through the complicated application process. Even if you have been denied this benefit in the past, we may still be able to help you either re-apply, or appeal.
In the Spokane area there are no doubt thousands who qualify for these benefits considering the proximity to military bases. This benefit could help many veterans and their spouses pay for the high costs of long-term care.
If you are a veteran or surviving spouse of a veteran, contact our office to attain this cash benefit for the rest of your life.
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