Aging can make it difficult to perform the daily tasks required to live comfortably. Veterans who struggle to feed, bathe, or otherwise care for themselves might need assistance completing these tasks.
Family members may not be equipped to provide this care, so professional help is recommended. War veterans are entitled to financial help when it comes to securing the day-to-day care they need. This assistance comes in the form of Aid and Attendance benefits.
Aid and Attendance benefits are tax-free.
One of the advantages that you will enjoy when you cash in on your Aid and Attendance benefits is access to tax-free financial help. The money that you need to pay for in-home health care and assistance will be issued to you directly by the Department of the Treasury. The funds you receive will never be subject to taxation, and there is no obligation to repay the funds that you receive under the Aid and Attendance benefit.
Aid and Attendance benefits pay for many services.
The individual needs of aging veterans can vary. The things that you need help with on a day-to-day basis now might change as you continue to age or as your medical condition deteriorates in the future.
Aid and Attendance benefits are designed to help cover the cost of a variety of important services. These services include in-home medical and personal assistance, assisted living communities, and private-pay nursing home facilities. You will be able to utilize the same financial help as your needs progress from one type of medical care to another.
Aid and Attendance benefits are available to spouses.
Wartime veterans were not the only ones who made sacrifices to serve the nation. The spouses of these veterans also contributed to the war effort by supporting their spouses in combat. The Veterans' Administration recognizes that surviving spouses should be entitled to unique benefits based on their support of a wartime veteran. Aid and Attendance benefits are available to both the wartime veterans themselves and their surviving spouses.
This means that you and your spouse will not have to worry about funding the critical care you both need to maintain a comfortable and secure lifestyle as you grow older. Accessing Aid and Attendance benefits can make it easier for you to get the care you need. Talk to a representative at a company like Care Funding Solutions to determine if you are eligible to receive Aid and Attendance benefits in the future.