VA Aid & Attendance Benefit

www.GoldenShieldFA.com

VA Aid & Attendance Benefit


Golden Shield Financial

Advisors, Inc. is not affiliated

with the Department of Veterans

Affairs (VA) or any other

government agency.


VA Aid & Attendance Benefit

Long-term care benefit to reimburse care expenses for veterans who served during a wartime, and for their surviving spouses.

Qualifications:

1. Military2. Medical3. Income4. Asset


Military:

1) 90 days of active duty service

2) 1 day during a war period• Did not need to be “In Theater”

• Could have been stateside

3) Honorable Discharge:• General

• Medical


War Periods:

• World War II: 12/07/1941 - 12/31/1946

• Korean Conflict: 06/27/1950 - 01/31/1955

• Vietnam Era: 02/28/1961 - 05/07/1975

* 02/28/1961 – 08/05/1964 for veterans who served “in country”


Medical:

Need to be in a protected environment:

• Home Care

• Assisted Living

• Nursing Home

• Adult Day Care

• Independent Living

- with care needs


Income:

� 105% of income = max. benefit

� Need to be spending majority of income on care expenses


2011 Maximum Rates(Tax-Free)

$1,056Surviving Spouse

$1,644Single Veteran

$1,949Married Veteran

Monthly BenefitVeteran Status


Assets:

How much is too much? It depends.

“If a claimant’s assets

are sufficiently large that

the claimant could live

off these assets for a

reasonable period of

time, deny pension for

excessive net worth.”

M21-1MR, Part V, Subpart iii,Chapter 1, Section J, Page 1J4


Honorable Discharge / Separation

• Original or certified copy

– www.archives.gov


Marriage Certificate

• Photocopy acceptable

• Available from County Clerk

• Married Veterans

• Surviving Spouses


Death Certificate of Veteran

• Photocopy acceptable

• Available from County Clerk

• Surviving Spouses

• Backup of previous marriages

Health & Medicine

VA Aid & Attendance Benefit