WEST PALM BEACH, Fla., Nov. 6, 2012 /PRNewswire/ -- Daily activities have become a challenge for a local veteran, he owns $150,000 in assets and he has been told that he does not qualify for benefits through the Veterans Administration (VA) Aid and Attendance program. A widow of a veteran that served in the Korean War lives with her daughter, who provides her with care at the expense of not being able to return to work full time. What these veterans have in common is that both were able to qualify for critically needed monetary benefits to cover their care. They were able to attain this compensation through the educated guidance of local eldercare and asset protection attorney Evan Turk.
Many of these veterans or spouses may not be aware that they qualify for a pension benefit, which can be in excess of $2,000 per month. A War-Time Veteran with 90 days of active duty, 1 day beginning or ending during a period of War, is eligible to apply for the Aid & Attendance Pension. A surviving spouse of a War-Time Veteran may also apply. Only an estimated five percent of these potentially eligible veterans actually receive these benefits. This fact can be attributed to the complicated and frequently changing laws surrounding the rules and regulations. In many cases, Evan Turk Esq. of Principle Counsel, PL. assists these veterans in obtaining benefits, even after they are denied benefits or told that they do not meet the qualifications.
Without expert advice, veterans can go through a lengthy process or even years of denials. Even worse, many financial planners, working under the guise of a veteran's organization or nonprofit can create additional complications. Most of these representatives are independent insurance agents who are compensated through commissions to sell annuities. To target these seniors, many of these salespeople lecture at retirement communities, delivering the message to seniors that the process for receiving benefits is "free." This "free offer" is based on their counseling strategy of helping veterans to meet the asset and income limitations of the VA Aid and Attendance program through asset redistribution. Without proper legal advice, these investment recommendations often disqualify veterans from receiving other important benefits, such as Medicaid. The VA application is always prepared at no cost, even when prepared by a qualified attorney. The time spent with an attorney may only incur fees when preparing the proper legal strategies. Evan Turk is an accredited attorney with the VA who prides himself on serving the veteran community and specializes in eldercare and asset protection law. While it is unlawful to charge someone to apply for VA benefits, the planning strategies achieved only by hiring a qualified attorney can be invaluable. An initial consultation with an accredited attorney is typically offered at no cost, and the attorney can provide the proper legal guidance when assisting the veteran with exploring and obtaining benefits.
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SOURCE Principle Counsel, PL.