The VA has released a draft rule, published September 18, 2018. This rule would dramatically change eligibility criteria for the VA’s Aid and Attendance benefits. Transfers immediately prior to application for the benefit will no longer be possible if the rule passes. Asset limits will be clearer under the rule for those applying, with the non-exempt asset level set at $123,600. The applicant’s primary residence will continue to be exempt unless sold and not replaced within the same calendar year. This rule is not retroactive. Therefore transfers made prior to date of implementation (October 18, 2018) should not preclude eligibility.
VA Releases New Draft Rule
Sep 18, 2018 | News