Aid & Attendance Handbook for Professionals & Consultants
Information for ALL Long Term Care Benefits for Veterans
NCPC Professional Edition - Return to Book Purchase Home Page
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Chapter 6 -- Asset Transfer Strategies, Benefit Estimate Software and Case Studies ... 68
Important Things to Know for Receiving a Aid and attendance pension benefit Award ................................ 68
How Aid and attendance pension benefit Is Calculated ................................................................... 69
Application Forms .............................................................................. 71
The Initial Claim ................................................................................. 72
Determining Veteran Status for Aid and attendance pension benefit Claims ...................................... 74
Verification of Facts and Relationships .................................................. 75
Rating for Income and Disability ........................................................... 77
Aid and Attendance or Housebound Ratings ............................................... 77
Submitting Evidence for the Ratings ........................................................ 79
Income ............................................................................................. 80
Calculation of Benefits and General Statements ........................................... 80
Determining Income .......................................................................... 80
Exclusions and Adjustments to Income ..................................................... 82
Deductions from Income ..................................................................... 84
Unreimbursed Medical Expenses .......................................................... 85
Rationale for Allowing Deductions ........................................................... 85
Recurring 12-Month Annualized Expenses ................................................. 86
General Information ..................................................................... 86
Insurance ................................................................................. 87
Nursing Home ............................................................................ 88
Assisted living, Residential Care, Adult Day Care or Other Similar .................. 88
Home Care ............................................................................... 89
Home Care Where Care Recipient Is Not Rated ...................................... 90
Home Care Where Care Recipient Is Rated ........................................... 91
Documentation of Home Care Expenses .............................................. 91
List of Deductible Medical Expenses ........................................................ 92
Asset Tests ....................................................................................... 93
VA Asset Ceiling of $80,000 Is Not Statutory ............................................... 93
Determining Disclosable Assets ............................................................. 94