What’s The Harm In Applying For VA Pension When I Have Too Many Assets?
What’s The Harm In Applying For VA Pension When I Have Too Many Assets?
And then if you resubmit an application for VA Pension (Aid & Attendance), with your assets lowered, the VA will want to know exactly what happened with the assets.
Even though there is nothing wrong with transferring assets to qualify for this benefit, the VA will make things very difficult for you because you have raised red flags by filing too early.
You will make it more difficult to qualify in the future.
And you will cause a massive delay in the receiving the benefits that you are entitled to receive.
Here’s the simple solution:
- Meet with an Alabama Elder Law Attorney to find out your current situation and options;
- If you qualify immediately, that’s great, you can apply immediately;
- If you have too many assets according to the VA standards, then get a roadmap of how to transfer those assets;
- While at the same time understanding the impact transferring the assets will have on Alabama Medicaid;
- Transfer the assets in the proper way to the proper people or trusts at the proper time;
- Then file your VA Pension application at the right time.
Contact Us.
If you are confused by the VA rules or forms or if you are simply ready to get guidance on how to properly apply for these benefits, give us a call.
You can give us a call at 1-205-879-2447.
Or, you are welcome to contact us electronically through our contact us page.
Additional Resources Related To VA Pension:
- FAQ on Aid and Attendance for Alabama Veterans
- VA Aid & Attendance Resources:
- Definitions of Commonly Used Legal Words In VA Pension (Aid & Attendance) Cases
- Surviving Spouses Of Veterans Are Eligible Even If Veteran Never Applied For VA Pension
- How Do You Get Your DD214 Papers Showing Dates of Service and Discharge Type
- Beware of Pension Poachers: A Warning to Veterans About Aid and Attendance
- Why Would I Ever Move Assets Into A Trust If I’m Healthy Now?
- What is an Irrevocable Trust and Why Would I Ever Need One?
- Should I Apply for VA Pension Benefits Right After Transferring Assets?