Posts Tagged ‘service connected pension’

If veteran was denied VA benefits, when can file a new application?

Once a claim is denied and the claimant becomes eligible, you could file a new claim; however, if this is done within a year’s period, the VA may question it even though there is no legal waiting period for re-filing i.e has overscale assets, then two months later these assets disappear.  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…

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The VA has begun distributing disability benefits to Vietnam Veterans who qualify for compensation under recently liberalized rules for Agent Orange exposure.

The three new illnesses – B-cell (or hairy-cell) leukemia, Parkinson’s disease and ischemic heart disease – are added to the list of presumed illnesses previously recognized by VA.

A change in federal legislation now allows women to have an easier time seeking treatment for suspected post-traumatic stress disorder.

Last year about 319,000 veterans nationally received PTSD treatment

FREE VA Benefits Workshop on December 8, at 9.00am, The Support Center, Rockville

It’s estimated that more than 25 million veterans or surviving spouses qualify for the benefit but only 143,000 vets are now receiving the pension.

How does a reverse mortgage effect assets or income with regards to VA Pension with A and A?

You do not report a reverse mortgage ie it’s a loan that is paid back; therefore, it is not an asset or income.

If you are a veteran or spouse/surviving spouse of a veteran and over the age of 65, or know of a loved one or friend who is, you owe it to yourself to come

The veteran had to have served at least one day of active service in the US military, during a war.

How to qualify for aid and attendance

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.

aid-and-attendance benefit pays a maximum of $1,949 a month to qualified married veterans.

Companies, such as Senior Life Care Planning helps families receive the aid and attendance – veterans benefit.

Aid and Attendance is an underused Veteran’s benefit.

“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.

Is the Surviving Spouse’s education expenses deductible?

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…

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