Updates from Solkoff Legal

Time Sensitive: NEW LAW ALERT from Solkoff Legal, P.A.

 

Who should read this notice: Wartime Veterans, their spouses, their relatives, caregivers and advisors.

Critical Planning and Eligibility Update

The VA has implemented major new rules governing VA pension including the “Homebound” and “Aid and Attendance” programs. These programs provide cash reimbursement to wartime Veterans and spouses whose care expenses are close to or higher than income. The number one use of this money for our clients is to pay for home health aides. The second most common use for our clients would be payment towards assisted living facilities.

Effective October 18, 2018, the VA will be imposing gift penalties. This means that if an applicant or spouse has made gifts after October 18th, the VA will take away eligibility. Gifts made prior to October 18th will not affect eligibility even if application is made after that date.

This notice explains the very basics.

Wartime Vets and their spouses should set an appointment. Limited appointments are available on a first call-first come basis. The meeting or call is provided at no charge for our existing Family Asset Protection Planning clients.

Solkoff ResourcesWELCOME

Because each person’s case is different, because laws and rules change rapidly, because different states can have different laws and because this article was not written as legal advice, you should not rely upon this article or any other resources on www.solkoff.com as legal advice. You may link to the articles and pages on www.solkoff.com. If you wish to post, copy or distribute the articles or any portion thereof, we invite and require you to first obtain written consent from Solkoff Legal, P.A. All articles are Copyright :copyright: Solkoff Legal, P.A. unless otherwise stated.

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For all your help in this trying time of our lives, you have been most helpful & kind. Thanks from the bottom of our hearts.

Bess C.

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Donna

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Patrick and Kathy C.

I really enjoyed talking with you today. I will sleep better tonight and I know my parents are turning cartwheels up in heaven over their little prodigal’s financial planning, thanks again.

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