The Veterans’ Administration “Aid and Attendance” benefit is a well-kept secret. This benefit is available to a veteran (or spouse of a veteran) who has served in the military for at least 90 days, during WWII, Korea, Vietnam and the Gulf War, and who received an honorable discharge. This benefit may help if you need to cover the cost of long-term care, whether at home, in an assisted living facility or in a nursing home. In 2014, the benefits are as follows, and are in addition to pension and Social Security:
Single – $1,759
Married Veteran – $2,085
Surviving Spouse – $1,130
In order to qualify, the veteran or spouse must need assistance in the activities of daily living, such as personal hygiene, eating, cleaning or using the bathroom. Although there is no strict asset limit to get this benefit, $80,000 is considered the benchmark. Qualifying for benefits is a lengthily process, and there are state agencies that can help qualifying Veterans or spouses. We can give you general information about the benefit, and then can refer you to the relevant agency to assist you in the application process.