Elder law and special needs attorney Jim Koewler talks with Suzanne Newman about veterans benefits, claims, and appeals under the current rules. If your loved ones have spent any time in the military, they may qualify for benefits you might not be aware with. This segment covers:

Eligibility Update for VA Pension (a.k.a. Aid and Attendance)

Financial eligibility, as of 12/1/2021
Assets less than $138,489, including one year's income$30,000 seems to get quicker reviewHome property above 2 acres counts
Income below or close to medical expense

Prior transfers
"Prior Transfers" affect only VA Pension
Three year look back for assets given away
Only penalizes giveaways that made applicant financially eligible
Penalty can be up to five years of ineligibility
VA will not pay for one month for every $2,421.25 given away, as of 12/1/2021

Tricky issues
Providing for spouses expenses at home
Deciding whether to give away assets
Getting income within the target amount

Not screwing up the possibility of getting Medicaid in the future

Listen or watch on YouTube if you want to follow along with the presentation. Contact Jim Koewler at The Koewler Law Firm in Richfield, OH by calling 330-659-3579 or emailing jkoewler-afe@protectingseniors.com. His website is https://www.protectingseniors.com.

Elder law and special needs attorney <a href="https://answersforelders.com/specialists/jim-koewler/">Jim Koewler</a> talks with Suzanne Newman about veterans benefits, claims, and appeals under the current rules. If your loved ones have spent any time in the military, they may qualify for benefits you might not be aware with. This segment covers:
Eligibility Update for VA Pension (a.k.a. Aid and Attendance)
Financial eligibility, as of 12/1/2021
<ul><li>Assets less than $138,489, including one year's income$30,000 seems to get quicker reviewHome property above 2 acres counts</li>
<li>Income below or close to medical expense</li>
</ul>

Prior transfers
<ul><li>"Prior Transfers" affect only VA Pension</li>
<li>Three year look back for assets given away</li>
<li>Only penalizes giveaways that made applicant financially eligible</li>
<li>Penalty can be up to five years of ineligibility</li>
<li>VA will not pay for one month for every $2,421.25 given away, as of 12/1/2021</li>
</ul>

Tricky issues
<ul><li>Providing for spouses expenses at home</li>
<li>Deciding whether to give away assets</li>
<li>Getting income within the target amount</li>
</ul>

Not screwing up the possibility of getting Medicaid in the future
Listen or watch on YouTube if you want to follow along with the presentation. Contact <a href="https://answersforelders.com/specialists/jim-koewler/">Jim Koewler</a> at <a href="http://www.protectingseniors.com/">The Koewler Law Firm</a> in Richfield, OH by calling 330-659-3579 or emailing jkoewler-afe@protectingseniors.com. His website is <a href="https://www.protectingseniors.com/">https://www.protectingseniors.com</a>.

Answers for Elders is the North Star in Navigating Senior Care.  Our content is designed to Empower Seniors and their Families through the Daunting Journey of Aging.

Featuring our host, Suzanne Newman and top industry providers across the USA, together, we support, coach and assist seniors, caregivers and their families in finding the best independent solutions in world of aging, with a comprehensive line-up of topics covering Health & Wellness, Life Changes, Living Options, and Money & Law.

Answers for Elders is the North Star in Navigating Senior Care.  Our content is designed to Empower Seniors and their Families through the Daunting Journey of Aging.
Featuring our host, Suzanne Newman and top industry providers across the USA, together, we support, coach and assist seniors, caregivers and their families in finding the best independent solutions in world of aging, with a comprehensive line-up of topics covering Health &amp; Wellness, Life Changes, Living Options, and Money &amp; Law.

Answers For Elders Radio Network

Empowering Seniors and their Families through the Daunting Journey of Aging

For Caregivers: If you're caring for a senior loved one, or navigating later life care, we help make the journey so much easier for you and your family.

For Seniors: We help you be proactive to prepare for your aging years ahead, honoring your wishes.

Featuring our host, Suzanne Newman and top industry providers across the USA, together, we support, coach and assist families in finding the best independent solutions in world of aging, with a comprehensive line-up of topics covering Health & Wellness, Life Changes, Living Options, and Money & Law.

Empowering Seniors and their Families through the Daunting Journey of Aging
For Caregivers: If you're caring for a senior loved one, or navigating later life care, we help make the journey so much easier for you and your family.
For Seniors: We help you be proactive to prepare for your aging years ahead, honoring your wishes.
Featuring our host, Suzanne Newman and top industry providers across the USA, together, we support, coach and assist families in finding the best independent solutions in world of aging, with a comprehensive line-up of topics covering Health &amp; Wellness, Life Changes, Living Options, and Money &amp; Law.

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