Posts Tagged ‘elders’

Should I use an annuity to get Aid and Attendance?

But be careful the type of annuity you purchase, and the financial company, you are purchasing from.

For VA aid and attendance, can a Veteran use his rent payment as well as his medical expenses?

If the medical expenses do not offset the total household gross income, there is no pension; regardless of any other claimant’s non-medical expenses.

What happens when you receive a VA denial because the VA looses paperwork?

Therefore, if you have the receipt, you can prove the VA lost the paperwork on their end. Accordingly, re-send the VA another copy of everything with a statement in support of claim form requesting that the VA continue processing the claim affective from the date on your receipt confirmation.

Can a daughter sign the Vet’s application?

Absolutely, NO. The law requires the Vet’s signature to be his/hers and does not allow someone else to sign, even a power of attorney, and even if the Vet is incompetent. A Vets daughter cannot sign for the Veteran, the completed forms required to apply for compensation. Her father/Vet must sign his name on all of the forms (526, 21-22, 4142, 2680, etc.) To increase your monthly income, please contact us about a FREE HANDBOOK about VA Benefits, written by David Wingate, an accredited VA Attorney, of Senior Life Care Planning, LLC, go to info@seniorlcp.com or if you require additional…

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Unless an individual or organization is accredited with the VA, they cannot complete, assist, or consult on any VA application.

Some of these organizations arrange for very inexpensive Veterans Trusts and perhaps even pay third parties to complete the VA application, which is prohibited by law, just to be able to sell an annuity (which may or may not be the right product for the client).

Should a Veteran use an annuity for planning?

Most people, including veterans and seniors, do not have a sufficient understanding of annuities, to make a decision about the appropriateness of an annuity product.

Can a Vet transfer funds directly to his daughter?

The VA is now requesting documentation of all assets transfered prior to the date of a veteran’s application to show that all of these rights have been relinquished.

What do you do when a Veteran’s records were destroyed in the St. Louis fire?

It appears that all veteran’s records were destroyed in the fire, as when you ask, the file” was destroyed in the fire.” However, this isn’t the case.

The Social Security Administration last week announced that there will be no cost of living adjustment (COLA) for Social Security recipients again next year

The Social Security Administration last week announced that there will be no cost of living adjustment (COLA) for Social Security recipients again next year.  Social Security and SSI benefits are adjusted annually to reflect increases, if any, in the cost of living as measured by the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), prepared by the Bureau of Labor of Statistics. Since the BLS determined that there was no increase in this index from the third quarter of 2008 through the third quarter of 2010, there can be no increase in the COLA for 2011. There…

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When can a Veteran or Surviving Spouse collect the maximium Aid and Attendance?

The cost of the assisted living facility or home care, medications etc must exceed your household income.

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