Veterans Benefit Planning
Did you know that there are benefits available for wartime veterans and their spouses that will supplement income to pay for health care costs at home, in assisted living facilities, and in nursing homes and that the veteran does not have to have a service-connected disability? Rudman Winchell helps individuals and families navigate the maze of benefits available to pay for long-term health care expenses. The VA Aid and Attendance improved pension can provide additional income for veterans and widow(ers) of veterans if the following criteria are met:
- The veteran served at least one day during a wartime period;
- The veteran had at least 90 active duty days in service;
- The veteran received a discharge that was other than dishonorable;
- The applicant is disabled and unable to work or is 65 years of age or older and in need of assistance by another person to help with their activities of daily living (e.g. walking, bathing, dressing, etc.); and
- The applicant meets certain financial criteria.
If there is a veteran applying for benefits and has a living spouse, there is a possibility that the VA Aid and Attendance improved pension benefit will be more than $2,000 per month.