If you’re a veteran in need of extra care and assistance, you may have looked into qualifying for aid and assistance benefits. Unfortunately, it can be difficult to qualify for this level of assistance. The good news is there are other options available. You may consider applying for a pension. Take a look at the information below, to better understand your benefit options. If you have any questions, or if you’d like to discuss other aid and assistance alternatives, contact an estate planning attorney.
As a veteran, you are able to take advantage of special benefits. This can allow you to get extra assistance with your everyday needs. You may be eligible if you meet the following requirements:
You’re 65 years of age or older or are permanently and totally disabled
- You were discharged for reasons other than a dishonorable discharge
- You served at least 90 days of military service, one of which being during a war time period. (If you entered active duty after September 7, 1980, generally you must have served at least 24 months or the full period for which you were ordered).
- Your countable family income is below the yearly limit, which is set by law
It’s important to note that the income limit requirements are very low. To give you a better idea, take a look at the information below:
- If you have no dependents, your countable income must fall under $11,830
- If you have a spouse or child, your countable income must fall under $15,493
If you think that you may be eligible for assistance, it’s a good idea to get the help of an experienced attorney. This will allow you to fully understand your options and can allow you to get assistance with the pension application process.
If you have any additional questions, or if you’d like to discuss other alternatives to aid and attendance, consult with a qualified estate planning attorney.
- Estate Planning is Essential Whether You Are Married or Not - April 25, 2018
- Income Tax Basis in Estate Planning – Part 2 - April 23, 2018
- The Downsizing Generation: How to Handle a Surplus of Stuff When a Loved One Ages - April 18, 2018