Wealth Counselor December 2018  Like us on Facebook Follow us on Twitter View our profile on LinkedIn

Dear Friends,

On behalf of the attorneys and staff of Carrell Blanton Ferris & Associates, I'd like to wish you all a happy holiday season and a joyous New Year. We remain grateful for your continued support and we hope that we continue to be a valued partner to your practice in 2019.

Veterans Day was a little more than a month ago, so we hope that you will take a few minutes to read the following article on recent changes to the Veterans Aid and Attendance Benefit. If a client of yours is a Veteran and worried about the costs of a nursing home the he or she may qualify for assistance through the Department of Veterans Affairs.

Happy reading!
Changes to the Veterans Aid and Attendance Benefit Program

Article written by 
If your client (or client's spouse) is a Veteran of the Armed Forces and worried about paying for the cost of long-term care, he or she should consider applying for the Veterans' Aid and Attendance Benefit. A determination of whether a veteran is eligible for Aid and Attendance is complicated, and a full discussion of the benefit is beyond the scope of this article. Instead, this article will provide a brief overview of Aid and Attendance and focus on recent changes in how the Department of Veterans Affairs (VA) determines if a veteran is financially eligible.

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U.S. Treasury Department Regulations require that we advise you that, unless otherwise expressly indicated, any federal tax advice contained herein is not intended or written to be used, and may not be used, for the purpose of (i) avoiding tax related penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any tax related matters addressed herein.



Carrell Blanton Ferris & Associates, PLC