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Veterans Can Qualify For Caregiver Financial Assistance

Veterans Can Qualify For Caregiver Financial Assistance

A recent article in the NY Times New Old Age Blog (a great read) seemed significant enough to pass along. We’d also encourage you to pass this knowledge on to friends and family members. The article was titled “A Little-Known Benefit for Aging Veterans“ by Susan Seliger and it discusses a veteran benefit few know anything about . Did you know that qualifying veterans can receive financial assistance from the Department of Veteran’s Affairs to help with caregiver costs? Apparently not many do…

Note the list of qualifying criteria and definitely read through all the comments as well (there are many helpful hints, and also a lot of frustration with the bureaucratic process). According to the article, only 38,076 veterans were granted this benefit in 2011. To put that in perspective, see the illustration  from a department of veterans affairs fact sheet and note how few veterans actually took advantage (no doubt it’s because so few are aware, and countless others give up as a result of the arduous application process). Given the scrutiny of deficit spending these days, you may want to take advantage of this program (if you qualify AND if you need it) before it goes away.

For other elder issues including Probate, Guardianship, Estate Planning, please contact me at (954)921-4489.

One Response to “Veterans Can Qualify For Caregiver Financial Assistance”

  • Brett Daniels:

    This is great information, and I’m going to pass it along to a couple of friends of mine, as we all are currently assisting our parents in finding out what benefits are available to them through the VA. I was given a book that’s been a big help too, called “Crack the VA” by Barbara Steinberg. You can check out her site and the book at http://www.blseldercare.com/. Thanks again for the info, and I agree, most veterans aren’t even aware of what’s out there and available to them. I’m glad there are people out there to help our older veterans who may not have help of their own.

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