How can I get an estimate of Mom's veteran's benefits?

  1. Molly Dworken 10/16/2012 05:33PM

    Veteran's benefits can help individuals who served in any branch of the U.S. military to pay for daily living expenses after retirement. If you're contemplating moving your mom or another loved one to assisted living, you may wonder how you'll pay for it. Yes, Veterans benefits may be one way.

    Veteran's benefits may include pensions, disability compensation, and more. When your mom reaches age 65, she will be declared “totally disabled.” For veterans younger than 65, she'll need to know the percentage of her disability (or disabilities) according to the U.S. government before you can get an accurate estimate of the benefits to which she is entitled.

    To get an estimate of the Veterans benefits that your mom will receive, call your regional benefits office. You may also check the status of a claim online at http://www.benefits.va.gov.

    Additionally, there's a veterans benefit that many retired military members and their spouses don't know about. The Aid & Attendance (A&A) benefit is available for wartime veterans 65 and older who meet certain income and asset criteria. The A&A benefit may pay more than $1,000 monthly to cover the non-medical related costs of assisted living or caregiving. These costs are not typically covered by any of the Medicare plans.