Life Care Planners
Of the Treasure Coast
A Division of the Estate Planning Advisors Inc.
There exists a little known benefit available through the
VA that qualified veterans, or the surviving spouse of a veteran could
use to obtain long term care benefits from the Department of
Veterans Affairs. Most veterans are not aware of the benefits
available through the VA that includes health care (VA Clinics and
Hospitals) Prescription Drug Benefits,access to state veterans homes,
and two disability income programs called Compensation (for service
related disabilities) and the "Non
Service Connected Improved Pension
Benefit". These income programs can be extremely helpful for
veterans
or widows of veterans who are facing increased living expenses
associated with the long term care of the aging.
It's astounding that roughly 1/3 of all seniors
can qualify for up to $1,949 a month in additional income through
Pension under the right conditions. Pension is also known as
the "aid and attendance benefit." Yet government statistics show only
5% of potentially eligible veterans are actually receiving the Pension
benefit.
This benefit can help you pay anyone including
your child for home care. It can also be used to help you pay
for professional care in the home, for assisted living, or for nursing
home. Imagine having an extra $1,949 a month that you didn't even know
existed.
The video above is from NBC Nightly
News (Friday, February 23, 2007).
Feel free to watch the short video for
more information on veterans' benefits.
Who
We
Are, What We Do: The Life Care Planners of the Treasure Coast
is a Financial Planning Firm that analysis Seniors need to make
important financial
decisions concerning their ability to the pay for the costs associated
with Long
Term Health Care (ie:Care provided by Assisting Living Facilities,
Nursing Homes and Home Health Care agencies).Through the development of
a specialized financial plan, known as a "Life Care Plan", we assist
our clients in understanding the financial impact to retirement incomes
and retirement savings caused by costs associated with Long Term Health
Care. We then review various financial resources available for the
payment of this care including, Insurance, Savings, Retirement Accounts
& Investments, and the availability of Government
Benefits(Medicare,Medicaid & VA Benefits). We then build a
"Retirement & Health Care Cash Flow Model" to determine what
impact, if any, these resources would have on our client's financial
well-being and ability to access quality Health Care.
We always offer a complementary consultation to discuss
Veterans Benefits.
Disclaimer: We
are Financial Planners and not members of the VA. Our firm DOES NOT file or assist in filing
the actual Veteran's Benefit Application. We can, however, act as a
resource to assist a veteran and their family in understanding various
veterans benefits and potential eligibility for such benefits prior to
application submission.
request help or informationby
filling
out
the form below
areaserved
Proudly Serving Southern
Brevard County and all of the Treasure Coast