Veterans Benefits and Aid and Attendance
Veterans and widows of veterans may receive additional tax free income benefits from the VA if they need assistance with their activities of daily living (bathing, walking, eating, toileting, dressing).
The benefit is a Special Monthly Pension called “Aid & Attendance.” This benefit is based on a person’s assets and income. When a person’s income and assets exceed the threshold, we assist clients, through education and estate planning, how they can legally preserve their assets and still qualify for the VA benefit. It is akin to tax planning for the wealthy; however, this is VA Benefits Planning for the heart of America, our middle class heroes.
When approved for Aid & Attendance, the person will receive additional, tax-free monthly income to help pay for the cost of health care. If you need assistance with activities of daily living and want to qualify for this extra aid, contact our office for help! Victoria Collier teaches and mentors attorneys nationwide on VA Benefits Planning, and has published a book available on Amazon.com called, 47 Secret Veterans’ Benefits for Seniors…Benefits You Have Earned but Don’t Know About.
The Estate & Asset Protection Law Firm provides a free 15 minute telephone assessment to anyone who has attended our Essential Estate & Elder Care planning educational seminars.
As of August 2019, licensed elder law attorney, Victoria Collier, is certified in business exit and succession planning. This type of planning allows business owners to protect everything they’ve worked for by strategically planning the transition of their business.