Benefit & Planning Solutions
At Elderlife Financial Services, we are dedicated to helping our seniors, and especially our senior veterans and their families. If you would like assistance to determine your plans and goals for both retirement and long-term care, we can connect you to advisors who can create a life plan that works for you.
Many seniors realize that they have yet to consider items that should be involved in every retirement and long-term care plan. A Will, Advanced Directives and defined Power of Attorney are examples of important and necessary planning items.
In addition, you may also want to consider the management of your assets; what financial plans and financial benefits are available to help you with your retirement and long-term care needs; and related government programs such as Medicare/Medicaid and the Veteran Aid & Attendance Pension Benefit. In short, planning for retirement living or senior housing and care must be considered in a holistic manner, and you must understand how decisions related to one financial resource may affect eligibility for other private or public financial benefit programs.
As part of this holistic plan, one often overlooked benefit for our nation’s veterans is the Veteran Aid & Attendance Pension Benefit. Elderlife understands that the process of obtaining Veteran benefits can be overwhelming for everyone involved. That is why we are here to provide helpful information as you begin the process of obtaining benefits from the US Department of Veterans Affairs.
The VA offers a special pension program for veterans and surviving spouses. This VA benefit is often called “Aid & Attendance”. For qualified veterans, the benefit may provide for as much as $1,732 per month to a veteran, $1,113 a month to a surviving spouse or $2,054 per month to a couple for financial assistance. The approval process is fairly complex and time consuming, so if you would like guidance, call us today. We will bring our network of professionals, who are accredited by the VA, to help.
Elderlife is Ready to Assist
If you have a short-term funding gap, our Elderlife Line of Credit can turn monthly community fees into affordable payments today. While you are implementing your life plan or waiting for Veteran Aid and Attendance benefits, our financing options give you the freedom to manage your budget. With one easy call you can have funding in less than 24 hours. Once your immediate funding needs are met, let our network of accredited VA agents assist you so that you can obtain the benefits you may qualify for. Simply give us a call.
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*** Please Note: Elderlife is not a Veterans Services Organization and is not affiliated with the US Dept of Veterans Affairs.