Senior Matters Radio - 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.

Navigating The Veterans Benefits Process

with Mike Powell

  • 11 November 2017
  • Author: IEP Team
  • 0 Comments
U.S. Army Veteran Mike Powell, owner of Home Instead Senior Care in Meridian, ID, joins us this Veterans Day to discuss the intricate world of post-military benefits and tips to navigate the process.

Three Misconceptions Surrounding The Veterans Aid And Attendance Benefit

  • 4 November 2017
  • Author: IEP Team
  • 0 Comments
Veterans Day is approaching, and we are celebrating our servicemembers by dedicating this episode to resolving some confusion surrounding a commonly misunderstood veteran's benefit. If you've ever wondered about the aid and attendance benefit, Attorney Mark Wight clarifies some of...

Five Signs It’s Time to Consider In-Home Care

with Matthew Croft

  • 31 October 2017
  • Author: IEP Team
  • 0 Comments
Matthew Croft, director of Visiting Angels Living Assistance Services, joins us to discuss telltale signs that it might be time to consider in-home care for your loved one. Catching these red flags at their early stages could help you both take a proactive approach and initiate a plan that...

Proper Maintenance and Upkeep for Your Estate Plan

  • 21 October 2017
  • Author: IEP Team
  • 0 Comments
If you tuned into last week's episode, you're already up to speed on Attorney Mark Wight's list of "The 5 Biggest Mistakes People Make in Estate Planning." This week, he dives deep into the second most common oversight named on this list, forgetting to conduct annual...

The 5 Biggest Mistakes People Make in Estate Planning

  • 14 October 2017
  • Author: IEP Team
  • 0 Comments
There’s no shortage of ways in which people can stumble when it comes to creating an estate plan. In this episode, Attorney Mark Wight of Idaho Estate Planning shares five common mistakes you don't want to make during this process. And, you'll never guess the #1 oversight named...
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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.