Greetings and aloha, friends. I am Doug Bowers, speaking to you today from the beautiful Garden Island of Hawaii. First, let me say thank you very much for your time and attention. I'm very excited because I'm going to empower you today with the strategies and solutions that will bring tremendous benefits for you and your family. We have a lot to go over, so let's get started. Today, we're going to be discussing the VA's improved pension for Aid and Attendance benefit. Let me first ask, who has ever heard of this program before today? Well, likely most, if not all of you, have never heard of this program. You see, I regularly travel throughout the state of Hawaii, and 99% of those that I speak to have never heard of this program before today. So, why is that? Well, there's more than one reason, and I can address that a little bit later. But I promise, again, you will gain the knowledge today of exactly what this program is and what it is not, and how you can qualify for this benefit. So, there are three basic qualifications for this pension. There's military, there's medical, and then there's a financial means test. One thing I must make clear to you today is what this program is not. It is not a welfare program. This is an entitlement program for a very specific group of Americans. This entitlement was created for our wartime veterans and their surviving spouses. Now, this program was designed specifically to help pay for the cost of care and preserve the family assets for our wartime veteran community. Now, even though the VA has the financial means test, meaning they've come up with a formula that's based upon your income and your liquid assets, I must be clear...
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Va 21p-4185 Form: What You Should Know
D Verification assets for both Veteran and Application for Veterans Pension — VA Form 21P-527GW.pdf For this application, the spouse must show the following: VBA-21p-0970 Income from Property, or Income from business; Income and Expenses from Rent or Lease; and Wages. D Verification assets for both Veteran and Application for Veterans Pension With Aid & Attendance Verification Sheet For this application, the spouse must show the following: FOR/2003-15, s. 8. A. 10. AVAILABLE INPUT: Each of the following items must be entered in this table. The number of items per item represents the total number of items. (For this application, if multiple information sources apply, one entry may be used, and the others may be counted.) Total income for Veterans who paid in-state tuition in the prior two years. Total income that is expected to be received by the Veteran over the term of the benefit agreement, including: (For this application, if multiple information sources apply, one entry may be used, and the others may be counted.) The following information must be entered first then the total listed below is added to the information for Veterans with at least 200 square feet. VBA-21p-0971 Information: Total Gross Income of the Veteran, including but not limited to; Income from Property or Business Wages Medical/Dental Benefits Income and Expenses from Rent or Lease Property Taxes Interest and/or Stipends on Property Income Interest, Bonus, Retirement, and Deferred Compensation Annuity Interest, Bonus, Retirement, and Deferred Compensation Annuity Interest, Bonus, Retirement, and Deferred Compensation Annuity Additional income, income and expenses to be deducted on the income statement. Medical/Dental Benefits Information: What benefits will be paid by the VA? Do not enter the following if there is more than one type of benefit. VBA-21p-0972 Information: Total Gross Income of the Veteran, including but not limited to; Health Insurance Coverage, Other. Do not include the amount of these benefits. This information must be reported in the order given; if not, no deductions will be made.
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