FAQ on VA Pension (Aid & Attendance) for Alabama Veterans
The VA Aid &
Attendance (Special Pension) is a remarkable benefit for Alabama veterans and widows of veterans.
There is not much known about this benefit by many veterans.
Unfortunately, there are quite a few scams out there and then simply inaccurate information is constantly being repeated.
So we have made this FAQ (Frequently Asked Questions) to answer as many of the questions that may be on your mind … (Read more)
Are You Struggling To Figure Out How To Pay For Long Term Care For A Loved One In A Nursing Home?
We often think that Alabama Medicaid is the only way to pay for nursing home for our spouse or parent.
However, Medicaid is simply one solution among a number of solutions.
To properly determine how to pay for nursing home care, we have to look at the risk and then all of the options before we can adopt a … (Read more)
If you don’t have a proper and valid power of attorney over financial matters, and if your parent is no longer competent, then you can’t make decisions for your parent.
The options become limited to seeking a conservatorship (power over money)and/or guardianship (power over the non money aspects — health, etc) over your parent.
Here are the disadvantages of this:
- It takes time to get this through Probate Court
- It costs money in terms of legal fees, court costs, etc.
…
(Read more)
Here is the objection that some have said about doing any type of “Medicaid Planning” or “VA Pension Planning” to prepare for long term care costs.
“It is wrong for a Christian to arrange his or her assets to qualify for Medicaid or VA Pension — instead the christian should spend his or her own money to pay for long term care.”
In my view, this is incorrect. Let’s take a look at this and then you can reach your … (Read more)
No — when you apply for your VA Pension (Aid & Attendance), you do not have to submit your birth certificate. Instead you submit the required VA forms, including the statement from your doctor showing whether you meet the “housebound” or “aid and attendance” ratings which will mean an increased amount of benefits.
You also need to submit your DD214 paperwork which will show your dates of service and what type of discharge you received.
Make sure you find … (Read more)
So you have too many assets to qualify for the VA Pension (aid and attendance) right now — what do you do?
Do you transfer the assets out of your name and give them to your kids? Put them in a trust?
Here are some questions you need to answer — or get the answers after meeting with a VA accredited elder law attorney in your state:
- What is the value of the assets I need to give away?
- How
…
(Read more)
The VA Pension or “aid and attendance” has a limit on the amount of assets an applicant can have. Some veterans who have “too much” will ask:
Why can’t I just give the asset to my wife and I still qualify?
The reason is if you have assets — a lake house, an investment, a cd, etc — that disqualify you, then giving it to your wife won’t change anything. Because the VA looks at the assets of the veteran … (Read more)
