www.louisvilleprospectsfoundation.org & www.prospectsfinancial.com
We
Provide Aid and Assistance with VA’s Aid and Attendance…
Louisville
Prospects Foundation, Inc. and Prospects Financial, Inc. offer a service to
War-Time United States Veterans. This is a benefit to you as a War-Time U.S.
Veteran. The benefit program is called the “Aid and Attendance” program. Check with your local VA office to determine
eligibility.
It offers a
pre-determined monthly benefit while the U.S. Veteran requires Long Term Care
while at home or residing in a retirement facility. It even has a benefit to
the Veteran’s spouse. Please refer to your local VA office for more
information.
The funds
from the veteran’s benefits, is paid-out to the beneficiary, not the facility
or any other agency. These facts and more will be discussed at a time that is
convenient for you and the professional.
Prospects
Financial is pleased to partner with our non-profit organization to bring our
U.S. Veterans a good deed in hopes of showing our support for their sacrifice
& courage. The Louisville Prospects Foundation is delighted to work with
our veterans and provide some peace of mind.
Thank You,
Jay R. Jones
President of
Prospects Financial
Notes:
*Members from Prospects Financial will
conduct business on a volunteer basis. The volunteer professional will provide
you with expert guidance through the “Aid and Attendance” program.
*The Louisville Prospects Foundation is not
a Government agency. We have not entered into any financial agreement or
contract with the United States government to make a profit. The “Aid and
Attendance” program is a War-Time United States Veteran benefit. VA will review
necessary documents to see if the veteran is eligible does qualify and is to be
approved.
*Some information provided via
www.vba.va.gov
What are Aid and
Attendance and Housebound benefits?
- Aid and Attendance (A&A) is
an enhanced or special monthly pension benefit paid in addition to
basic pension. You may not receive enhanced or special monthly pension
without first establishing eligibility for basic VA pension. However,
because enhanced pension is based upon a higher income limit, a claimant
ineligible for basic pension due to excessive income may be eligible for
enhanced pension benefits. A Veteran may be eligible for A&A when:
- The Veteran requires the aid of another person in
order to perform his or her activities of daily living, such as bathing,
feeding, dressing, attending to the wants of nature, adjusting prosthetic
devices, or protecting himself/herself from the hazards of his/her daily
environment,OR,
- The Veteran is bedridden, in that his/her disability
or disabilities requires that he/she remain in bed apart from any
prescribed course of convalescence or treatment, OR,
- The Veteran is a patient in a nursing home due to
mental or physical incapacity, OR,
- The Veteran has corrected visual acuity of 5/200 or
less, in both eyes, or concentric contraction of the visual field to 5
degrees or less.
- Housebound is
an enhanced or special monthly pension benefit paid in addition to
basic pension. You may not receive enhanced or special monthly pension
without first establishing eligibility for basic VA pension. However,
because enhanced pension is based upon a higher income limit, a claimant
ineligible for basic pension due to excessive income may be eligible for enhanced
pension benefits. A Veteran may be eligible for Housebound benefits when:
- The Veteran has a single permanent disability
evaluated as 100-percent disabling AND, due to such
disability, he/she is permanently and substantially confined to his/her
immediate premises, OR,
- The Veteran has a single permanent disability
evaluated as 100-percent disabling AND, another disability,
or disabilities, evaluated as 60 percent or more disabling.
A Veteran cannot receive both Aid and Attendance
and Housebound benefits at the same time.
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