Watch for a new video of me discussing the three levels of benefits available to help pay for Alzheimer’s under the VA.
Filed under: Alzheimer's and Veteran's Benefits | Tagged: alzheimers, dementia, elder law, nursing home, Veteran's Benefits
Watch for a new video of me discussing the three levels of benefits available to help pay for Alzheimer’s under the VA.
Filed under: Alzheimer's and Veteran's Benefits | Tagged: alzheimers, dementia, elder law, nursing home, Veteran's Benefits
to quilify for va aid and attendance—–do you a trust rev. or irr.
You have to be very careful about using any trust for VA benefits. While use of a trust may qualify you immediately for VA benefits, it could very easily disqualify you from receiving Medicaid benefits down the line. You must coordinate the two benefits. Most people who receive VA benefits go on to need skilled nursing care within 2-3 years and will need Medicaid. An irrevocable trust may very well qualify you for VA, but unless you have at least 5 years to wait before applying for Medicaid, such a trust can disqualify you.