What are Veterans Administration Pension/Aid & Attendance Benefits?
What are the Service Requirements?
What are the benefits?
Is this the same as injury compensation?
What are the Benefits?
What are the Income Limits?
What are the Resource Limits?
How Can I Get More Information?
Q: What are Veterans Administration Pension/Aid & Attendance Benefits?
The Veterans Administration (VA) offers benefits for veterans and their widows who meet asset and income requirements and are disabled or over 65 years of age. See their website for details: http://www.vba.va.gov/bln/21/pension/
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Q: What are the Service Requirements?
A veteran must have served at least 90 days, and at least one of them must have been during a period of war. A veteran cannot have been dishonorably discharged. No combat service is needed. (for periods of war, see: http://www.vba.va.gov/bln/21/pension/wartime.htm)
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Q: What are the benefits?
There are three tiers of payments available. The payments increase for each successive level:
- Improved Pension
- Housebound
- Aid and Attendance Benefits
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Q: Is this the same as injury compensation?
No. Compensation claims are not a part of pension/Aid & Attendance benefits.
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Q: What are the Benefits?
The benefits depend on whether the applicant is a veteran or a widow, the level of benefit needed, and on the number of dependents. See http://www.vba.va.gov/bln/21/Rates/pen01.htm
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Q: What are the Income Limits?
The limits are set by Congress annually, but in short, your countable income must be below the benefit amount.
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Q: What are the Resource Limits?
There is not a clear answer. See your legal advisor for details.
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Q: How Can I Get More Information?
See the VA website (http://www.vba.va.gov/bln/21/pension/vetpen.htm#3). For information on how you may arrange your affairs to help you qualify for these benefits, call our office at 757 220 9800.
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The Attorneys of Johnson, Gasink & Baxter, LLP assist clients with Estate Planning, Estate Administration, Probate, Asset Protection, Guardianships, Elder Law, Medicaid Planning, Family Law, Business Planning and Formation, NFA Trusts, Veteran Benefits, Prenuptial Agreements and the Purchase and Sale of Business interests. We serve clients throughout Virginia, including but not limited to Williamsburg, James City County, York County, Poquoson, Fort Eustis, Newport News, Hampton, Virginia Beach, Sandbridge, Norfolk, Chesapeake, Suffolk, Toano, Norge, Lightfoot, New Kent County, Providence Forge, Surry, Charles City, Henrico County, Richmond, Hanover County, Mechanicsville, Ashland, Glen Allen, Charlottesville, and Northern VA.