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.

How to Know if You're Ready for Strategic Planning

  • 6 September 2017
  • Author: IEP Team
  • 0 Comments
How to Know if You're Ready for Strategic Planning
At Idaho Estate Planning, we offer a variety of services to help you design your Family Legal LifeTM Plan. As each of us progresses through our lives, we have different needs when it comes to this plan, and that's where Pre-Planning, Strategic Planning, Crisis Planning, and VA Planning come...

What to Expect When You Start Your Legal Life Plan

  • 24 August 2017
  • Author: IEP Team
  • 0 Comments
What to Expect When You Start Your Legal Life Plan
In Mark's book, Get Real: Planning for Life, Death, Disability, he outlines our process for creating your Family Legal Life™ Plan. (If you haven’t received a copy of this book, please us know now and we’ll send you one. Or you can request one online here.) This is a...

5 Things to Know When You Hire an Estate Planning Attorney

  • 3 July 2017
  • Author: IEP Team
  • 0 Comments
5 Things to Know When You Hire an Estate Planning Attorney
Once you've decided that it's time to hire an attorney who specializes in estate planning, how do you go about doing so? It can be challenging to know where to start! "Where should I look? What questions should I ask initially? How do I know when I've found the right attorney...

What Should You Do With the Family Home?

  • 20 June 2017
  • Author: IEP Team
  • 0 Comments
What Should You Do With the Family Home?
Home Options for Aging Parents We who take care of aging parents know it well: the feeling of stress that comes with thinking of parents’ safety, finances, health and social isolation. However, grandparents’ and parents’ worries are usually about how they’ll manage to...

4 Things You Need to Know about Inheritance and Estate Taxes

  • 15 June 2017
  • Author: IEP Team
  • 0 Comments
4 Things You Need to Know about Inheritance and Estate Taxes
When it comes to estate and inheritance taxes, the legal definitions of these terms can differ slightly from state to state. When someone close to you has died and you've inherited their property, it's possible that you could pay some form of an inheritance tax or estate tax. To better...
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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.
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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.