Estate Planning - Idaho Estate Planning

VA Planning

Qualifying for VA benefits can be an overwhelming and confusing process. Our experienced team will help you get the benefits you deserve while preserving your assets for your family and loved ones.

Save the Heartache, Have a Plan

  • 18 February 2022
  • Author: IEP Team
  • 0 Comments
Even though Valentine's Day has passed (and now the candy is on sale) we still want to focus on how planning helps your loved ones; taking care of your sweetheart. We all want the best for our families. We work hard to give them the best that we can throughout our lives, and often want that...
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Ask the Estate Planning Attorney: What's an Advanced Healthcare Directive?

Video Blog

  • 24 April 2020
  • Author: IEP Team
  • 0 Comments
Ask the Estate Planning Attorney: What's an Advanced Healthcare Directive?
Advanced Healthcare Directives, or Living Wills as they are known here in Idaho, are a crucial part of your Estate Planning, and your healthcare as a whole. Do you remember Terri Schiavo? In 1990, Terri fell into a persistent vegetative state after having a heart attack. She was kept on a...
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Take Care of Your Resolution

by Carly Ward

  • 15 January 2020
  • Author: IEP Team
  • 0 Comments
Take Care of Your Resolution
It is well known that New Year’s Resolutions fail long before we reach the end of the first quarter of the year. According to Psychology Today, psychologists have boiled it down to 4 main factors:   Your goals aren’t clear. You feel overwhelmed. You feel...
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Is Estate Planning Boring?

  • 29 November 2019
  • Author: IEP Team
  • 0 Comments
Quite a few people seem to think that estate planning is boring, but Mark Wight believes that talking about your loved ones should be anything but boring! In this episode, Mark shares his take on what makes estate planning intriguing and important.
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Idaho Estate Planning - Potential Hazards of Joint Ownership & Beneficiary Designations

Idaho Estate Planning - Potential Hazards of Joint Ownership & Beneficiary Designations
Figuratively speaking, life is chock full of road hazards. If we know where they are, then we can avoid them. It is the unknown hazards that are the problem. Just like when you're traveling on an unfamiliar road, it is best to learn from the experiences of those who have been down that road...
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What Is VA Planning?

VA Planning is for Veterans or Surviving Spouses of Veterans that are in need of long term care or who may be planning for long term care. Some tools that may be used in VA Planning may include:

  • Last Will and Testament
  • Revocable and Irrevocable Trusts
  • Irrevocable trusts
  • Testamentary Trusts
  • Special Needs Trusts
  • Caregiver Agreements
  • Powers of Attorney
  • Advanced Directives

Is VA Planning Right for You?

  • You are a Veteran that has served at least 90 days active duty and one of those days was during a war period.
  • You are a spouse of a Veteran who served at least 90 days active duty and one of those days was during a war period.
  • Veteran received a better than dishonorable discharge.
  • Need long term care or planning for long term care.
Sample Service

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Frequently Asked Questions About VA Planning

What and who is involved in VA Planning?

What and who is involved in VA Planning?

When planning for the Veteran pension benefit it is best to involve an VA accredited attorney that specializes in VA Pension Planning. You will be involved, directly, in the planning and will be determining who you want to help handle your estate while working to get the VA Pension Benefit. These individuals can be family members, friends or professionals who have a certain skill set to handle your affairs.

Isn’t VA Planning just for Veterans?

Isn’t VA Planning just for Veterans?

It is for Veterans and surviving spouses of Veterans who have not remarried.

How is VA Planning different from other kinds of planning?

How is VA Planning different from other kinds of planning?

VA Planning is specifically for Veterans and their surviving spouse. The VA Benefit is a special benefit available to help Veterans (and their surviving spouses) to help pay for long term care.

What options do I have at this point?

What options do I have at this point?

The earlier you start planning, the more options you have. Plan while you can!

How much will VA Planning cost?

How much will VA Planning cost?

Veterans Planning can start at about $2,500 and go up to $20,000. However, there is no charge for filing the application with the Veteran’s Administration.

How often will I need to update my plan?

How often will I need to update my plan?

Making sure you are compliant with rules laid out by the VA, it is very important to review your plan annually. Our firm offers an annual Veterans Protector Program that will help you stay compliant with VA.

 
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