VA Aid & Attendance Benefit

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Free benefit available to wartime veterans and their surviving spouses to pay for long-term care expenses.

Published in: Health & Medicine
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VA Aid & Attendance Benefit

  1. 1. VA Aid & Attendance Benefit www.GoldenShieldFA.com
  2. 2. Golden Shield FinancialAdvisors, Inc. is not affiliatedwith the Department of VeteransAffairs (VA) or any othergovernment agency. www.GoldenShieldFA.com
  3. 3. VA Aid & Attendance BenefitLong-term care benefit to reimbursecare expenses for veterans who servedduring a wartime, and for their survivingspouses. Qualifications: 1. Military 2. Medical 3. Income 4. Asset www.GoldenShieldFA.com
  4. 4. Military:1) 90 days of active duty service2) 1 day during a war period • Did not need to be “In Theater” • Could have been stateside3) Honorable Discharge: • General • Medical www.GoldenShieldFA.com
  5. 5. War Periods:• World War II: 12/07/1941 - 12/31/1946• Korean Conflict: 06/27/1950 - 01/31/1955• Vietnam Era: 02/28/1961 - 05/07/1975 * 02/28/1961 – 08/05/1964 for veterans who served “in country” www.GoldenShieldFA.com
  6. 6. Medical:Need to be in a protected environment:• Home Care• Assisted Living• Nursing Home• Adult Day Care• Independent Living - with care needs www.GoldenShieldFA.com
  7. 7. Income: 105% of income = max. benefit Need to be spendingmajority of income oncare expenses www.GoldenShieldFA.com
  8. 8. 2011 Maximum Rates (Tax-Free) Veteran Status Monthly BenefitMarried Veteran $1,949 Single Veteran $1,644Surviving Spouse $1,056 www.GoldenShieldFA.com
  9. 9. Assets:How much is too much? It depends. “If a claimant’s assets are sufficiently large that the claimant could live off these assets for a reasonable period of time, deny pension for excessive net worth.” M21-1MR, Part V, Subpart iii, Chapter 1, Section J, Page 1J4 www.GoldenShieldFA.com
  10. 10. Honorable Discharge / Separation• Original or certified copy – www.archives.gov www.GoldenShieldFA.com
  11. 11. Marriage Certificate• Photocopy acceptable• Available from County Clerk• Married Veterans• Surviving Spouses www.GoldenShieldFA.com
  12. 12. Death Certificate of Veteran• Photocopy acceptable• Available from County Clerk• Surviving Spouses• Backup of previous marriages www.GoldenShieldFA.com

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