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 information about VA Benefits, visit our Senior LCP’s Website.
We also have a Blog on Elder Issues and Veteran’s Benefits.
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We see a number of cases, where a financial planner (scammer) sells an annuity to an 80 year old plus veteran with a 20 – year surrender penalty. Consequently, if the veteran has to be placed in a nursing home, the veteran will not qualify for medicaid, causing huge financial repercussions.
“This can be really important not only for older Americans, but also for their kids if they’re trying to deal with mom and dad and how they’re going to pay” for assisted-living and other long-term-care services.
Expenses paid by a veteran or surviving spouse for his/her own education are deductable under the following criteria. However, these cannot be reimbursed by any other source. § 3.272 Exclusions from income. (i) Educational expenses. Amounts equal to expenses paid by a veteran or surviving spouse pursuing a course of education or vocational rehabilitation or training, to include amounts paid for tuition, fees, books, and materials, and in the case of a veteran or surviving spouse in need of regular aid and attendance, unreimbursed amounts paid for unusual transportation expenses in connection with the pursuit of such course. Unusual…
You should have a contract between the family member and the veteran – a personal caregivers agreement, submit this with the VA application. Additionally, the personal caregiver affidavit is required, by many adjudicators. 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 information about VA Benefits, visit our Senior LCP's Website. We also have a Blog on Elder Issues and Veteran's Benefits. If you are not receiving our Newsletter, go ahead and subscribe…
The 21-8049 to be one of THE MOST important forms you can submit. It allows the adjudicator to consider non-medical expenses in qualifying someone who otherwise might not qualify due to excessive assets and life expectancy. 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 information about VA Benefits, visit our Senior LCP's Website. We also have a Blog on Elder Issues and Veteran's Benefits. If you are not receiving our Newsletter, go…
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