There are special tax free cash benefits available from the U.S. Department of Veterans Affairs (VA) to help war period veterans and their widows pay for home healthcare and medical expenses?
This benefit is called the VA Aid and Attendance Pension (A&A) and qualified veterans or their widows can receive monthly cash benefits up to the following amounts:
|Applicant Status||Maximum Monthly Benefit|
|Married Veteran||$1,949 per month tax free|
|Single Veteran||$1,644 per month tax free|
|Widow of Veteran||$1,056 per month tax free|
(There is no requirement that any service be performed in a combat zone)
Most A&A Claimants have difficulty qualifying for the A&A benefit due to their inability to meet the income and asset limitations. Elder law attorneys, however, can help claimants become A&A qualified through proper A&A benefit planning. The goal of A&A benefit planning is to help Claimants qualify for A&A, which in turn helps them pay for their medical expenses and postpones the depletion of their assets. Other goals are to preserve and protect the Claimants' assets and eliminate or postpone any need to rely upon Medicaid for care.
Presently, unlike Medicaid, the VA does not have any rules that restrict the gifting away of assets to reduce the net worth of the Claimant before qualifying for the A&A benefit. However, serious tax issues and Medicaid's rules and restrictions should be considered in any plan to qualify for the A&A benefit. Therefore, we recommend that any Veterans, or their Widows, who meet the service requirements should contact an elder attorney to learn if they can qualify for the A&A benefit. For an Elder Lawyer and/or resource in your area, please contact the Granny NANNIES nearest you by calling 800-316-2669 or visit our Locations page.
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