Veterans Benefits Planning in Tennessee
For wartime veterans and their surviving spouses, accessing veterans benefits is one option to help pay for long-term care at home or in a facility. With a Veterans Asset Protection Plan, families enjoy the comfort of knowing how long money will last and how to best supplement private funds with Veterans Aid and Attendance funds.
A Veterans Asset Protection Plan from Elder Law of East Tennessee tackles such major concerns as the cost of care, running out of money, and losing the homestead or life savings to long-term care. We create a one-of-a-kind plan and then help the client put the plan into action. It includes all the legal documents of the Estate Plan plus a strategy for qualifying to receive Veterans Aid and Attendance benefits. This strategy may include establishing a Veterans Asset Protection Trust, which preserves assets for immediate or future use without disqualifying the applicant for benefits. For our Life Care Planning clients, we also assist in the preparation and processing of Veterans Administration claims.
Like other public benefits programs, the rules governing veterans benefits are always changing. Our Veterans Administration accredited attorneys keep track of policy changes and guide families through the process of qualifying and applying for benefits. We also handle the tough issues for our clients, like assembling and processing Veterans Aid and Attendance applications. Our Public Benefits Advisor works with clients one-on-one to assess resources, determine eligibility for benefits, and help to obtain those benefits. This ensures that the client qualifies for benefits as soon as possible and doesn’t miss any opportunities to preserve assets.
Our attorneys are officially accredited by the Veterans Administration and permitted to provide advice and planning about veterans benefits. They are also members of the National Academy of Elder Law Attorneys. Our entire team works together to support families through the process of qualifying and applying for benefits, paving the way toward financial stability and peace of mind. With a Veterans Asset Protection Plan in place, our clients can re-focus their energy on other important issues, like relationships with their families and the quality of care they receive.
Elder Law of East Tennessee takes a personal approach to our work. To find out more about how Elder Law of East Tennessee can help with your Veterans Asset Protection Planning, contact us at 865-951-2410.