Veterans Benefits Eligibility

Veterans Benefits Eligibility – Has Anything Changed?

On January 23, 2015, the Department of Veteran Affairs proposed a Veteran’s Benefits Eligibility Rule Change – RIN 2900-AO73, Net Worth, Asset Transfers, and Income Exclusions for Needs-Based Benefits. A rule that would, among other things, impose a 3-year look back for transfers of assets. Including gifts to persons, trusts, and purchases of annuities. The…

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Proposed Changes to Veterans Benefits Could Affect Elderly

Proposed Changes to Veterans Benefits Could Affect Elders

Several Levels of Qualification For Veterans Benefits: The veteran must have served in active duty for at least 90 days, one of which must have been during a defined wartime period. A physician must verify that the applicant requires assistance with two activities of daily living. The applicant and spouse must have less than approximately…

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