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Home / Archives for Veterans Benefits Planning

Survivor Benefit Plan Protects Spouses of Military Retirees

December 3, 2012 by John Kuhn, Estate Planning Attorney

You must have a thorough understanding of the benefits that are available to you when you are planning for retirement as a military veteran. Most people are aware of the fact that you are entitled to a retirement pension after 20 years of service. If you do retire after serving 20 years your pension benefit will be based on a percentage of your base pay. The longer you stay in the higher the percentage will be when you do begin to draw your pension benefit. After 40 years of service you would … [Read more...] about Survivor Benefit Plan Protects Spouses of Military Retirees

Filed Under: Financial Planning, Retirement Planning Tagged With: Financial Planning, Retirement Planning, Veterans Benefits Planning

Senate to Consider Veterans A & A Look-Back Period

November 19, 2012 by John Kuhn, Estate Planning Attorney

There is an upper resource limit of $2000 that you must stay within if you want to become eligible for Medicaid as a way to pay for long-term care. This figure may seem so small that there is no reason to even consider the possibility of eligibility. In fact, about two thirds of the people who are residing in nursing homes and assisted living communities do rely on Medicaid to pay for their care. This is because all of your assets do not count toward this $2000 limit. Your home, your vehicle, … [Read more...] about Senate to Consider Veterans A & A Look-Back Period

Filed Under: Elder Law Tagged With: Elder Law, Long Term Care, Medicaid, Veterans Benefits Planning

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