Frederick, MD 
301-663-9230What is a Medicaid Friendly Irrevocable Trust?
A Medicaid Friendly Irrevocable Trust has asset protection potential for those whose health and budget will allow them to leave the assets undisturbed for five years.
A Medicaid Friendly Irrevocable Trust has asset protection potential for those whose health and budget will allow them to leave the assets undisturbed for five years.
If a Veteran’s widowed spouse is residing in her daughter’s home and daughter is providing caregiving services, can the payments under a personal caregiver agreement count as UME? Yes, but there must be an actual money exchange from claimant to daughter and the daughter must claim the income, in her personal tax return. Additionally, to the personal needs contract, many VA adjudicators request an attendant sitter affidavit. 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…
No. A claimant can have both non-service connected benefits and service connected benefits. However, the claimant must choose one or the other. He/She can go back and forth, but the VA will not pay both benefits at the same time. Service connected A & A can be tacked onto a service connected claim, but it is not the same amounts as NSC pension A & A. 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…
“My feelings on veterans benefits,” Cleland continued, responding to the Republican pledge to slash them, “they’re all pre-paid. Veterans gave at the office.”
While the rules have changed, attendees will discover that good planning opportunities exist for those who plan ahead, as well as those who are already in a nursing home.
Social Security played a major role raising millions of seniors out of poverty, but the big gains last year are due to a series of one-time events that won’t be repeated.
If you don't fit into one of those catagories,as indicated in What ar the co-payments for Veterans (Part 1), the VA will ask you to provide your household income and net worth from the previous year. If your income is below certain thresholds, you will not have to make a copayment. Click here to view the thresholds for income. In addition, you must not have more than $80,000 in property. Those whose income exceeds the threshold or who refuse to submit to the means test may have to make a copayment. Unlike Medicaid, there is no penalty for transferring assets…
There are no costs for certain veterans and low-income veterans. The following veterans are eligible to receive cost-free health care benefits automatically: A service-connected veteran receiving VA compensation benefits A veteran seeking care for a specific service-connected disability Former POWs Purple Heart Medal recipients A veteran with conditions related to exposure to herbicides during the Vietnam-era, ionizing radiation during atmospheric testing, ionizing radiation during the occupation of Hiroshima and Nagasaki A veteran who sustained a service-related condition while serving in the Gulf War, in combat in a war after the Gulf War, or during a period of hostility after November…
The standard benefits package includes: Preventative care services, outpatient diagnostic and treatment services (including mental health and substance abuse treatment), inpatient diagnostic and treatment services, prescriptions, and long-term care (including nursing home care for some veterans). Long-term care. The VA offers a number of long-term care options through its health plan. All enrolled veterans are eligible for the following services: Geriatric evaluationprovides either an inpatient or outpatient evaluation of a veteran's ability to care for him or herself. Adult day health carea therapeutic day care program that provides medical and rehabilitation services to veterans Respite careprovides either inpatient or outpatient…
To receive care, most veterans must be enrolled in the VA health system. Eligibility for the health system depends on a number of factors, including the nature of your discharge from military service, your length of service, whether you have service-connected disabilities, your income level, and available VA resources, among others. To be eligible, you must not have been dishonorably discharged from the military. Your length of service may also be important. Former enlisted persons who started active duty before September 8, 1980, and former officers who first entered active duty before October 17, 1981, do not have a length-of-service…
