Elder Law Alert: Department of Veterans Affairs Makes Sweeping Changes to VA Pension and Aid & Attendance Benefit
By Dionysios Pappas, Vasiliadis Pappas Associates LLC Introduction VA Pension benefits are “nonservice connected” disability benefits that provide a monthly tax-free income to eligible wartime veterans and their surviving spouses. A married veteran can receive
Six Things to Consider Before Making Gifts to Grandchildren
Grandparents often are particularly generous to grandchildren as they see their family’s legacy continuing on to a new generation. In many cases, grandparents feel they have ample resources and their children or grandchildren may be
Always Put Caregiver Contracts in Writing
When hiring a caregiver, it is important to put the contract in writing. Courts can be especially strict about requiring contracts when caregivers are relatives, but a formal agreement is still necessary even if the caregiver
Questions to Ask Before Buying Long-Term Care Insurance
When long-term care insurance first became available, there were few customers. The product was full of holes, untested, and overpriced. Not surprisingly people took a wait-and-see attitude, mainly because it took a while for most
Hybrid Policies Allow You to Have Your Long-Term Care Insurance Cake and Eat It, Too
As long-term care insurance premiums rise and fewer companies offer policies, alternatives to traditional long-term care insurance policies are springing up. Previously, we wrote about annuity “doublers” that help pay for long-term care. Another increasingly popular hybrid product combines