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Veterans Benefits Archives - Page 3 of 4 - Northern California Center for Estate Planning and Elder Law
How to Pay for Long Term Care (Part 1 of 2)
January 30, 2015 by Timothy P. Murphy Leave a Comment
At a certain point in most people’s lives, they become concerned about paying for long term care. There are 5 basic ways to pay for long term care: 1. Private Pay 2. Long Term Care Insurance 3. Medicare 4. Medi-Cal 5. Veterans Benefits Not all of these methods will be available to all persons. For example, veterans benefits are limited to only certain veterans. Long term care insurance may not be available for persons with certain pre-existing conditions. Private … [Read more...] about How to Pay for Long Term Care (Part 1 of 2)
In December 2012, retired General Norman Schwarzkopf, one of our nation’s most brilliant military minds of the past century died of complications from pneumonia. General Schwarzkopf, nicknamed Stormin' Norman, was the commander of coalition forces during Operations Desert Storm and Desert Shield, which were the codenames for the international response to Iraq’s invasion of Kuwait in 1990. When the ground campaign ended in victory after only having commenced 100 hours earlier, Schwarzkopf became … [Read more...] about Lessons from the Death of General Norman Schwarzkopf
For most people, even retirees and other seniors, the idea that you might have to spend time in a nursing home or extended care environment isn't something you think about a lot. Unfortunately, the reality of the situation is that the older you get, the far more likely you will be to have to live in a nursing home at some point. While only a small percentage of people in their late 60s or early 70s need nursing home care, that number rises significantly the older you get. With the average cost … [Read more...] about You May Need a Plan to Avoid Losing Your Nest-Egg to Nursing Home Costs
Studies show that by 2050 the portion of the population aged 65 and over will be more than double the current level. This is primarily due to the aging baby boomer generation who is reaching retirement age at about 10,000 individuals per day. When it comes to taking care of the elderly families, more and more people are saying that eldercare will impact their daily lives. According to the AARP, about 42 percent of workers in the United States provided unpaid eldercare to a family member or … [Read more...] about Elder Care Can Cost Children
In late July, the President announced that the decades-old program designed to assist people leaving the military will get a much-needed overhaul this year. The Transition Assistance Program, or TAP, is a joint program run by the departments of Veterans Affairs, Defense, and Labor. It currently provides those leaving the military with a mandatory training course, as well as optional courses on topics such as dressing for civilian workplaces and resume writing. The overhaul will offer broader … [Read more...] about Veterans Assistance Program Getting Revamped
According to the Department of Veterans Affairs, about 2 million or more veterans qualify for the Veterans Aid and Assistance pension benefit program, yet few of them take advantage of it. The program was created to provide monthly payments to elderly or disabled veterans who require full or part-time care provided by an in-home caregiver or a nursing home facility. The program also allows veteran surviving spouses to receive payments, and the veteran need not have become disabled or infirm as a … [Read more...] about Veteran's Aid and Attendance Pension Benefits – 3 Facts
For children with elderly parents residing in a nursing home or extended care facility, you may be surprised to know that in some states and in some situations, you could potentially be required to pay for your parents nursing home expenses. About 30 states, including California, have laws that impose some kind of a duty for children to pay for their parent's nursing home expenses if the parent is indigent and if the child has funds. In about 20 of the states with these “filial responsibility” … [Read more...] about Your Parent's Nursing Home Might Sue You
VA Aid and Attendance: The Basics – Part 3 of 3
July 9, 2012 by Timothy P. Murphy Leave a Comment
APPLYING FOR VA BENEFITS Gathering and preparing the right documents is critical. Once you gather the right documentation, the next step is to complete and submit the appropriate application form. The process generally takes at least several months, so make sure you do your best to avoid any additional delays along the way. Keep in mind, while applying and qualifying does take time, benefit payments are retroactive to the date the VA received the application. During this time, the applicant … [Read more...] about VA Aid and Attendance: The Basics – Part 3 of 3
Filed Under: Elder Law, Incapacity Planning, Long Term Care Planning, Medi-Cal, Veterans Benefits Tagged With: Disability Planning, Elder Law, Veterans Aid and Attendance Benefits, Veterans Benefits
QUALIFIYING FOR AID & ATTENDANCE BENEFITS Who is eligible for the VA Aid & Attendance Pension? First let’s look at the basics. For a qualifying wartime veteran or surviving spouse to qualify for this special monthly pension, the veteran must have: · Served at least 90 days of active military service · Served at least one day during a period of war (WWII, Korea, Vietnam, Iraq and Afghanistan). The applicable periods are generally broader than expected. · Been discharged under … [Read more...] about VA Aid and Attendance: The Basics Part 2 of 3
VA Aid and Attendance: The Basics – Part 1 of 3
July 7, 2012 by Timothy P. Murphy Leave a Comment
While many people are unaware it exists, the Veterans Administration (VA) Aid & Attendance Special Pension provides monetary assistance to wartime veterans – and their surviving spouses – who need regular personal assistance. Qualifying aid or assistance can be provided at home, in an assisted living facility, or in a nursing home, and can be provided by friends, family members, or healthcare professionals. Currently, the Aid & Attendance pension can provide up to $1,703 per month to an … [Read more...] about VA Aid and Attendance: The Basics – Part 1 of 3
Filed Under: Elder Law, Long Term Care Planning, Veterans Benefits Tagged With: Elder Law, Long Term Care Facility, Nursing Home, Veterans Aid and Attendance Benefits, Veterans Benefits