Attention Veterans Contemplating The Sale Of Your Home

We can help you or your family save money

If you're a veteran contemplating the sale of your home, we recognize the importance of making informed decisions. At Julian Gray Associates, our VA Accredited Attorneys and Planning Specialists understand the unique needs of veterans like you. Our aim is to guide you through the process, ensuring that your hard-earned VA benefits remain secure, while also maximizing your financial return. Let us be your advocate, safeguarding your interests every step of the way.

Julian Gray Associates is a Nationally recognized Elder law practice helping thousands of families over the past 30 years.

The ONLY law firm in the United States with 9 Certified Elder Law Attorneys

ALL of our attorneys are accredited by the United States Department of Veteran Affairs.

Example of how we can help you or your family:

You are a 75-year-old widow of a war time veteran selling your home and moving to a personal care home – home sale price of $300,000.

You find out you are eligible for $1,432/month in Veterans Benefits (see information below)

By using our services, you will avoid inheritance tax after 1 year yielding a 4.5% savings on house value, or $13,500.

You can also avoid probate producing an additional savings of $12,000.

Additional possibility of Medicaid eligibility saving thousands in care costs.

*This information is not intended as legal advice. Examples shown are hypothetical and each case will determine the actual values achieved.

2024 Veterans Aid & Attendance Benefits Overview

SERVICE REQUIREMENTS

CARE REQUIREMENTS (allowable medical expenses):

The Veteran must have served at least 90 days of active service with at least one day of service during a wartime period.

The Veteran cannot have a dishonorable discharge from the service.

World War II: December 7, 1941 through December 31, 1946
Korean Conflict: June 27, 1950 through January 31, 1955
Vietnam War: August 5, 1964 (November 1, 1955 for Veterans who served “in Country” before August 5, 1964) through May 7, 1975

CARE REQUIREMENTS (allowable medical expenses):

A Veteran living in Independent Living, Assisted Living or Personal Care home or receiving care services at home may qualify.

As long as a physician, physician assistant, certified nurse practitioner, or clinical nurse specialist says that the Claimant EITHER needs assistance with 2 ADLs (Activities of Daily Living such as dressing and undressing, bathing or feeding) OR supervision due to cognitive or physical limitations

FINANCIAL REQUIREMENTS:

CARE REQUIREMENTS (allowable medical expenses):

FINANCIAL REQUIREMENTS:

Three-year look-back for transfers: Transfers made during the look-back period will be subject to a penalty period (a period of ineligibility).
Asset limit is set currently at $155,356. The asset test takes into account all assets (minus the primary residence and personal belongings like cars) plus annual gross income.
Income can be reduced by out-of-pocket medical expenses. (Annual cost of independent, assisted living or personal care are considered a medical expense.)

Current maximum benefits for 2024 for Aid and Attendance*:

(1) Veteran with no dependents $2,300/month; $27,609/year

(2) Married Veteran $2,727/month; $32,729/year

(3) Widow of a Veteran with no dependents $1,478/month; $17,743/year
(4) Healthy Veteran with ill spouse $1,609/month; $19,317/year

* Actual award amounts will vary depending on individual situation.

Widowed spouse of a Veteran must have been living with the Veteran at the time of the death of Veteran (unless separation was due to medical or military reasons).
Divorce severs benefits.
Minor or disabled children may quality for limited benefits on their own.

Attention Veterans Contemplating The Sale Of Your Home

Attention Veterans Contemplating The Sale Of Your Home

We can help you or your family save money

Example of how we can help you or your family:

2024 Veterans Aid & Attendance Benefits Overview

SERVICE REQUIREMENTS

CARE REQUIREMENTS (allowable medical expenses):

CARE REQUIREMENTS (allowable medical expenses):

CARE REQUIREMENTS (allowable medical expenses):

CARE REQUIREMENTS (allowable medical expenses):

CARE REQUIREMENTS (allowable medical expenses):

FINANCIAL REQUIREMENTS:

CARE REQUIREMENTS (allowable medical expenses):

FINANCIAL REQUIREMENTS:

Current maximum benefits for 2024 for Aid and Attendance*:

Over 30 Years Experience

Certified Elder Law Attorneys

Certified Elder Law Attorneys

Certified Elder Law Attorneys

Certified Elder Law Attorneys

Certified Elder Law Attorneys

VA Accredited

Certified Elder Law Attorneys

VA Accredited

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Julian Gray Associates