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)
VA Pension: Financial Requirement (Income and Assets)
We have discussed the first two requirements for the VA Pension: the military requirement of the veteran and the health or disability of veteran or surviving spouse.
Now we turn our attention to what can be the most confusing and challenging area — the area where families are often misled.
This is the financial requirement.
There’s probably more confusion over this than any other one.
We see a lot of scams that … (Read more)
VA Pension: Health or Disability Requirement
We have discussed the first requirement which is the military service of the veteran.
The second requirement has to do with our health or disability.
(You can find the third requirement of financial — income and assets — in our final article in this series on the VA Pension or Aid and Attendance).
We do have to keep in mind that the VA Pension is different than if it’s a service-related injury, … (Read more)
VA Pension: First Requirement of Veteran’s Military Service
There are three requirements:
If we meet these three requirements we can obtain this significant benefit that can be close to $25,000 a year tax free.
So let’s take a look at the first requirement which is military service.
Whether we’re talking about for a veteran or for a surviving … (Read more)
VA Pension — Avoid my mistake I made years ago….
I made a mistake a number of years ago regarding the VA Pension (Aid & Attendance) for veterans.
I heard about this benefit.
Somebody mentioned this to me.
I thought “It sounds a little too good to be true.”
There’s a benefit that can pay up to $25,000 a year to veterans and it’s tax-free?
How come I’ve never heard of this if this is really true?
It’s okay to
…
(Read more)
What’s The Harm In Applying For VA Pension When I Have Too Many Assets?
You will be turned down.
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 … (Read more)