Veterans Pension Benefits

INTRODUCTION TO VETERANS BENEFITS:

Veterans Benefits are perhaps the most misunderstood and underutilized resources available to millions of veterans and their families.  While it is commonly known that certain benefits are available for the brave men and women who served in our armed forces, many veterans (and their families) are unaware that they could be eligible for a wide range of benefits through the United States Department of Veterans Affairs even if they did not directly retire from the military or suffer injuries in the line of duty.

VETERANS PENSION BENEFITS:

Certain military veterans with a service-related disability or who are over the age of 65 may qualify for regular monthly benefits. These benefits are generally tax-free and are paid to veterans who have injuries or diseases that occurred while on active duty, or were aggravated and made worse by active military service. It is also paid to certain veterans disabled as a result of care provided by VA medical facilities.

Many veterans do not know about these benefits. Our firm can help you apply for the benefits at no charge. Often times, additional planning is needed for a reasonable fee. The wait time from applying for benefits to receiving a determination sometimes takes as long as six months, if not longer.

Careful attention must be paid to the requirements for receiving benefits, particularly benefits for the maximum resources and income allowed. If you have more than the maximum resources, our firm can utilize tools such as irrevocable trust planning to allow you to become eligible for the benefits.

SURVIVOR BENEFITS:

Surviving family members of veterans are entitled to certain benefits that can help ease their financial difficulties.  When a loved one dies, it can be emotionally difficult to look into available benefits, but this process should be done as soon as possible to prevent eligibility problems.

HOW OUR FIRM CAN HELP:

To learn if you are eligible for veterans benefits, please schedule a complementary consultation with our firm today by calling (215) 706-0200 or emailing us.