Qualify for VA “Aid and Attendance”

Alabama veterans who received an honorable discharge and who served during a time of war (WW II, Korean War, Vietnam or Gulf War) and who are disabled or 65 may be entitled to receive up to over $2000 a month in tax free benefits. This can be used to pay for home health or the cost of an assisted living facility and can slow down or stop the path to having to enter a nursing home.

Read our articles and watch our videos to find out more about this wonderful benefit that unfortunately only about 10% of eligible veterans receive.

You may want to start with our article “FAQ on Aid and Attendance for Alabama Veterans”.

FAQ on VA Pension (Aid and Attendance) for Alabama Veterans

FAQ on VA Pension (Aid & Attendance) for Alabama Veterans

The VA Aid &FAQ on VA Pension (Aid and Attendance) for Alabama Veterans 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)


Concerned About How To Pay For Long Term Care in 2019? Start Here.

Are You Struggling To Figure Out How To Pay For Long Term Care For A Loved One In A Nursing Home?

long term careWe 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)


“Who should I meet with to develop a long-term care plan — CPA, lawyer, financial advisor, or insurance agent?”

“Who should I meet with to develop a long-term care plan — CPA, lawyer, financial advisor, or insurance agent?”

"Who should I meet with to develop a long-term care plan -- CPA, lawyer, financial advisor, or insurance agent?"The simple answer is, yes, you should.

You should probably meet with all of them when developing a long term care plan.

Keep in mind that you shouldn’t take advice from people who give you advice outside their area of expertise.

I may have the greatest doctor in the world but just because he sends an e-mail with this hot stock … (Read more)


“My mom is in a nursing home — is there anything I can do other than spend all of her money on care?”

“My mom is in a nursing home — is there anything I can do other than spend all of her money on care?”

"My mom is in a nursing home -- is there anything I can do other than spend all of her money on care?"The answer is yes.

We have a lot more options if we plan ahead of time.

If you give me five before we’re going into a nursing home, we can do almost anything.

But sometimes we don’t have that luxury, or we might plan and then tomorrow there’s a stroke and now we’re facing nursing home.

There … (Read more)


“If I’m 40 should I buy long term care insurance?”

“If I’m 40 should I buy long term care insurance?”

"If I'm 40 should I buy long term care insurance?"This is a great question and we have to look at the answer from a practical viewpoint.

First, it is smart to consider preparing for the unfortunate event of needing long term care.

Second, is it something that you can afford?

If you can afford it and it’s a good logical thing for you to do, then sure buy the insurance.

But it goes with what I was saying before.… (Read more)


Fifth mistake (and solution) in planning for your long term care

This is our final post in the series of “Five mistakes commonly seen in long term care planning” — if you haven’t already feel free to read the first four mistakes so this one will make sense:

  1. Assuming you or your family will not need long term care;
  2. You not having a long term care plan or strategy;
  3. Not having the proper basic estate planning documents; and
  4. Transferring assets (including your home) without having proper legal advice
(Read more)


Fourth critical mistake (and solution) in planning for your long term care

Continuing our discussion of the five most common mistakes we see folks making before they need long term care, we will turn to the fourth mistake.

You can find the articles on the first mistake (assuming no long term care will ever be needed), the second mistake (not having a long term care plan), and third mistake (not having proper estate planning documents) if you haven’t already read them.

Fourth Mistake: Transferring assets without proper legal advice

Fourth critical mistake (and solution) in planning for your long term careThe … (Read more)