QUICK FACTS ABOUT VA BENEFITS
- Available to veterans
- Available to veterans' spouses
- Earned benefit for veterans' service
- Assists with the cost of un-reimbursed medical expenses such as in-home care and assisted living
- Not dependent upon service related disability
- Benefits are tax free!
- Three types of VA Improved Pension:
(1) Low Income Basic; (2) Housebound; and (3) Aid and Attendance
HOW TO QUALIFY
- Veteran must have served at least 90 days of active duty, with at least one day of wartime service
- Veteran received better than dishonorable discharge
- Claimant is over age 65 or permanently or totally disabled
- Claimant's income meets certain limits
- Claimant's assets meet certain limits
MAXIMUM VA PENSION AMOUNTS (2026)
The VA Improved Pension can significantly improve the quality of life for veterans and their surviving spouses.
Housebound Benefits
- Single veteran $1,776 monthly $21,313 annually
- Married veteran $2,226 monthly $26,710 annually
- Widow(er) $1,192 monthly $14,298 annually
Aid & Attendance
- Single veteran $2,424 monthly $29,093 annually
- Married veteran $2,874 monthly $34,488 annually
- Widow(er) $1,558 monthly $18,697 annually
- Calculated over a five (5) year period, the VA Aid and Attendance Improved Pension would pay a veteran with one dependent such as a spouse more than $163,699!
BASIC PERIODS OF WAR FOR VA BENEFITS ELIGIBILITY
- WWII: 12/07/1941 through 12/31/1946 (may include service through 7/26/1947)
- Korean Conflict: 6/27/1950 through 1/31/1955
- Vietnam Era: 8/05/1964 through 5/07/1975 (may include service beginning 2/28/1961)
EXPERIENCED ELDER LAW ATTORNEYS AND ACCREDITED VA ATTORNEYS
- Are legally obligated to act in the best interests of the client
- Must be knowledgeable of IRS rules and regulations regarding tax qualified assets
- Must be knowledgeable of trust laws and what trusts are available for VA and Medicaid
- Must be knowledgeable of Medicaid rules and regulations
- Must be knowledgeable of estate and gift tax consequences of transferring assets
- Must be knowledgeable of Probate laws and court procedures
- Must be knowledgeable of incapacity planning with powers of attorney and conservatorships
- Can structure assets to qualify for VA benefits
- Can structure income to qualify for VA benefits
- Can maximize use of VA and Medicaid benefits