Additional Benefits for Veterans they may not be aware of!
The Aid & Attendance or Housebound benefits provide monetary assistance for qualified Veterans.
While many veterans maybe unaware of it, the VA (Veterans Administration) Aid & Attendance Benefits or Housebound Allowance provides monetary assistance to qualified veterans, and surviving spouses of deceased veterans, who need regular “personal assistance”. Qualifying aid or assistance can be provided at home, in an assisted living facility, or in a nursing home, and can be provided by friends, family members, or healthcare professionals.
Best of all, if the veteran qualifies, Aid & Attendance benefits or Housebound allowance funds are provided in addition to monthly pension and Social Security benefits. But it should be noted that you cannot get Aid & Attendance and Housebound allowance at the same time.
If you or someone you love is a veteran and is housebound or needs help with daily activities like cooking, cleaning, dressing, driving, mobility, or other assistance, the Aid & Attendance benefit or Housebound allowance can provide funds you need to pay for that help. Many elderly veterans and surviving spouses whose incomes are above the congressionally-mandated legal limit for a VA pension may still be eligible for monthly Aid & Attendance or Housebound allowance benefits if they have high expenses for care, including nursing home expenses that are not reimbursed by insurance or other sources.
Aid & Attendance benefits or Housebound allowance can make a real difference but, filing a claim can be complex and time-consuming. Like most entitlements, veterans benefits are not awarded automatically – to receive them, you must apply.
If you would like to learn more, then contact Premier Wealth Advisors, Inc. at (818) 888-4646 or firstname.lastname@example.org to schedule a Free Consultation to review your financial situation. www.premierwealthcoach.com