Financial 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.

Are You Prepared to Jump Into Your Parents Financial Lives?

  • 20 April 2020
  • Author: IEP Team
  • 0 Comments
Are You Prepared to Jump Into Your Parents Financial Lives?
"Our situation no doubt will be more common as people live longer, and apart from their grown children. The age and the distance mean that an increasing number of these grown children will be invited into their parents' financial lives, with little clue about any of...

Idaho Estate Planning - Get Real: Planning for Life, Death, and Disability

I recently accomplished a long standing goal to publish a book. My book is titled “Get Real: Planning for Life, Death and Disability”. The purpose of the book is to help people understand some of the realities of life and then to take control and plan for those realities. Let me...

Idaho Estate Planning - Concerned About Your Child's Financial Future? You're Not Alone

"One third of parents with children aged 18-34 are willing to have a less comfortable retirement to support their children." More and more U.S. parents are concerned about their adult children's financial situation and are willing to put their own financial well-being at risk to...

Idaho Elder Law - Tough Laws Proposed to Thwart Financial Elder Fraud

“Fraudsters could soon face tougher consequences for elder financial abuse.” Older Americans forfeit approximately $37 billion annually to financial fraud. However, new legislation under consideration in Congress would impose more stringent penalties for these crimes in an effort...

Idaho Estate Planning - You Can Leave a Legacy Just Like the Rockefellers

“You can empower your kids with a family trust that leaves a financial legacy.” Entrepreneurs may have a hard time deciding if they want to leave their children a large inheritance. You don’t want to create entitled, spoiled kids, but what’s so bad about giving your...
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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.