Tag Archives: finances
What Is the Veterans Aid and Attendance Pension Benefit?
”Aid and attendance” is a commonly used term for a little-known veterans’ disability income. The official title of this benefit is “Pension.” The reason for using “aid and attendance” to refer to Pension is that many veterans or their single surviving spouses can become eligible if they have a regular need for the aid… Read More »
Average Cost of a Nursing Home Inches Closer to $80,000 a Year
Although the US economy has seen price rollbacks during the last year, long-term care providers have actually been raising rates, according to the 2009 MetLife Market Survey of Nursing Home, Assisted Living, Adult Day Services, and Home Care Costs. Private room nursing home rates rose 3.3 percent to an average of $79,935 a year… Read More »
Revoking a Power of Attorney
If for any reason, you become unhappy with the person you have appointed to make decisions for you under a durable power of attorney, you may revoke the power of attorney at any time. There are a few steps you should take to ensure the document is properly revoked. If you execute a new… Read More »
Veteran’s Benefits – Aid and Attendance
Many seniors are unaware that they may be eligible for the VA aid and attendance benefit. This benefit is available to veterans over the age of 65, who served at least 90 days of active duty, with one day during a period of wartime. They must have received a better than dishonorable discharge. If… Read More »