Who is eligible for Benefits?
Veterans who served during a period of war, their spouses, their
surviving spouses, or their dependent children.
Must have served for at least one day during the period of war, 90 consecutive days of active duty, and honorable discharge.
Need for aid does not have to be service related for those over the age of 65. For those under 65, assistance is available for total disability or for service-related partial disabilities.
Veterans with a spouse at home may be eligible for over $22,000 per year to pay for aid or assistance at home, in an assisted living facility, or a nursing home. For a single Veteran, the amount is over $1500 per month ($18,000 per year), and for spouses or surviving spouses, nearly $1000 per month is available to pay for these services.
- Veterans must have 90 days of active service with at least one day of service during a defined period of war.
- To receive a benefit as a surviving spouse, you must still have been married to the veteran when they passed away.
- A completed Physicians Evaluation must state that you are in need of an aid or attendant on a daily basis
- You must have less than $80,000 in liquid assets if married, less than $50,000 if single (not including your home or vehicles) . . .this number may actually be lower depending upon life expectancy. IRAs and CDs are included as income.
- You must have received an honorable or general discharge.
- You may receive a benefit to pay for care at home, an assisted living facility, or a nursing home. Care can be provided by family, friends, or professionals
If you have assets in excess of the allowable limits, you may still be able to qualify with proper planning. Call us today to learn how you can benefit from this improved pension.