Changes to VA Pension Rules Are Looming–Plan Now! |
Q. I’ve been an avid reader of your newsletter for many years. A couple of years ago, you published an article indicating that the Department of Veterans Affairs (VA) was proposing significant changes to needs-based benefit programs, such as the Veteran's Aid and Attendance pension. You
mentioned that the new rules were going to include a three-year look-back period for gifts and transfers into an irrevocable trust, similar to the Medicaid five-year look back rule. Did this new rule ever get put into place? I don’t recall seeing a follow-up article on this topic. My dad would be eligible for the Veterans Aid and Attendance benefit because he’s now in assisted living, but he’s got a lot of money and he’s been dragging his feet about coming to you to create the asset protection
trust that he clearly needs. Is it too late now?
Critter Corner: Scams Targeting Veterans and What to Do |
Dear Magic, I have read that scams targeting veterans are pretty prevalent, and that is so unfortunate. Can you tell me what types of scams they are, so I can warn my
dad? Thanks for your help! Nomar Scamms
Order Books by Evan Farr, 4-Time Best-Selling Author |
Certified Elder Law Attorney and Medicaid Asset Protection Expert, Evan H. Farr, CELA, has written four best-selling books in the field of elder law. For more information and to order, click here.
Receive Special Reports of Your Choice |
We offer free special reports for topics including Special Needs Planning, Veteran's Aid and Attendance, Long-Term Care, Guardianship and Conservatorship, LGBT Planning, and Alzheimer's Planning. If you are interested in receiving one or more of these reports, please send your request to renee@farrlawfirm.com or
click the "Request a Special Report" button below. Thank you in advance for your interest! Article Reprint Policy This article
may not be reprinted in whole or in part without explicit written permission from Farr Law Firm, A Professional Corporation. |
Is this newsletter ending up in your "promotional" or "spam" folder? It's easy to "whitelist" us, so our newsletters land in your inbox. Follow the instructions here!
|
|
|
