On January 23, 2015, the VA proposed changes to its rules regarding the VA Pension Benefit and VA Death Pension Benefit, including its Aid & Attendance benefit. Under the new rules there will now be a strict asset limit, a 3 year look-back on asset transfers, and a penalty for asset transfers that could last as long as 10 years. There are several other changes as well.
To learn more about this, see today's article on Military.com at:
Elder Law of Louisville is hosting a webinar next week to discuss the proposed changes in more depth. More information about the webinar will be posted in the next day or two.
The proposed changes are currently in a "public comment" phase. That phase expires on March 24, 2015. The VA has not said when they intend to implement the new rules. We encourage everyone to comment on the proposed rules. You may do so online at: