Gupta Law Firm
Planning Ahead for Peace of Mind

Blogging Ahead

By: Sipi Gupta | May 06, 2019

There are many federal government benefit programs available to individuals with disabilities. Programs are often referred to by confusing acronyms (LIHEAP, SNAP, QMB, to name just a few) and some programs are very different but sound similar (for instance, Medicare and Medicaid or SSI and SSDI). Stop in each week for a spotlight on a different benefit program. Today, we take a look at Aid & Attendance.

Benefit:  Cash benefit provided by VA if care costs and medical expenses exceed income

Net Worth Limit (combined assets and income):  $127,016; Residence exempt up to 2-acre lot

Comments:  Medical expenses deductible; three-year lookback with disregard for asset transfers prior to 10/18/18

By: Sipi Gupta | April 29, 2019

There are many federal government benefit programs available to individuals with disabilities. Programs are often referred to by confusing acronyms (LIHEAP, SNAP, QMB, to name just a few) and some programs are very different but sound similar (for instance, Medicare and Medicaid or SSI and SSDI). Stop in each week for a spotlight on a different benefit program. Today, we take a look at VA Pension:

Benefit: Cash benefit to low-income disabled and elderly veterans and dependents

Asset Limit: Approximately $80,000; residence and vehicle exempt

Income Limit: Income reduces benefit.  Countable income for single veteran must be less than $13,537 in 2019

Comments:  No option for a SNT to protect excess assets.  Medical expenses can redu...

By: Sipi Gupta | February 11, 2017

The Department of Defense now allows assignment of military Survivor Benefit Plans (SBP) to a valid d4A special needs trust for a dependent disabled child. Previously, military members and retirees may have been advised to NOT designate a child with a disability as the beneficiary under such a plan. The new law allows SBP payments to be paid to a self-settled trust without jeopardizing an individual’s SSI / Medicaid benefits. Any such assignment must be irrevocable in order to qualify.

More information is available at the Military OneSource Special Needs page.