If A Spouse Is Ill But A Veteran Isn't, Can A Couple Still Get VA benefits for Long-Term Care Expenses? While the veteran is alive, the claim is the veteran’s. In cases where the Veteran is over 65 and healthy, but the Veteran’s Spouse is ill, the best that the couple can qualify for is the base pension amount.
Planning ahead financially for a family member with special needs can be difficult. As an adult with special needs, if you have more than $2,000 in savings, you can potentially lose out on Supplemental Security Income (SSI) benefits and Medicaid. We know this is not a lot of money, so let us share some ways you can save for your disabled loved one while protecting their future eligibility for benefits.
While visiting loved ones this holiday season, take the time to address two important parts of your family’s future: estate planning and ethical wills.
An estate plan – especially a trust – can do more than just transfer ownership of certain assets to its beneficiaries. Here are some things that you might not have realized estate planning can do for you:
A huge part of making sure that your family is protected in the event of the unexpected involves having a proper estate plan in place.