Many of our aging clients are in their 70s, 80s, and even 90s. They are often veterans of the Korean War or World War II, or the surviving spouse of a veteran who served during these wars. The harsh realities of aging and illness are surfacing, and our clients are in need of care. That care may be in the home, or in a care facility. Either way, that care is expensive, and our clients and their families are worried about the cost.
VA Aid and Attendance benefits fall within a group of benefits available to veterans who served at least one day during wartime, and for at least 90 days, who have substantial care costs and who meet the VA eligibility requirements. Importantly, no military injury or disability is required. This benefit may provide the vet with up to $1,644 per month with no dependents, or $1,949 per month with a dependent (like a spouse). A surviving spouse can also qualify based on their deceased spouse’s military service, and receive up to $1,056.00 per month. These benefits are tax-free.
This “pension” can give our clients the financial boost to help pay for needed care at home, in an assisted living facility, or other care facility. Many are surprised to learn that a family member can also serve as the paid caregiver. In order to qualify for VA Aid and Attendance benefits, there are several areas that are carefully evaluated by the VA. Simply stated, these areas include the applicant’s age, income, assets, and care costs. Certain assets are not counted, such as a house. Many people are initially not eligible for a variety of reasons. However, with planning, the eligibility requirements can be met, and benefits can often be obtained. But be careful… when planning for these VA Benefits, it is critical that the senior not disqualify themselves from possible future Medi-Cal benefits for skilled nursing care. The rules for the two needs-based programs are different, and sometimes conflicting.
Despite the complex VA rules and requirements, the benefit can provide great help to our seniors facing their own declining health and need for expensive care.
For more information, please call the Law Office of Jane M. McNamara at 661-287-3260 or visit our websites at www.VABenefits4seniors.com or www.janemcnamara.com.