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Eligibility and Penalties Based Around the New VA Benefits Rules

Lorman Education Services

Nov. 13, 2019
Recorded Online
Webcast

Gain a better understanding of the eligibility determinations and requirements for VA pension programs.

There are approximately 18.2 million veterans living in the United States according to the most recent census data (Dept. of Veterans Affairs Fast Facts). A large percentage of them were born in the baby boomer generation and will need care provided by the Department of Veteran’s Affairs in the next twenty years. Special pension programs are one way veterans can receive help paying for long-term care costs.

This topic will outline the eligibility requirements for these special pension programs. You will understand how to recognize eligibility requirements and assist veterans in making eligibility determinations. You will learn how to categorize assets, income, and medical expenses properly to ensure veterans can take advantage of these programs that allow them to live in their home or a private nursing facility and receive proper care.

Learning Objectives:

  • You will be able to describe the eligibility requirements for VA pension programs.
  • You will be able to discuss the financial eligibility and net worth limits.
  • You will be able to recognize and categorize assets, income and medical expenses to determine a veteran’s eligibility.
  • You will be able to recognize the overlap between VA and Medicaid planning objectives when deciding whether to use an irrevocable trust.

Faculty: Nikki Mitchell, Attorney, Martha C. Brown & Associates, LLC

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