Previously the fact that all claims with more than $80,000 had to have an additional level of review was used by some practitioners to make claimants believe they could not have more than $80,000. Under the new regulations, it is clear – claimants cannot have assets in excess of the Federal maximum Community Spouse Resource Allowance defined by Medicaid. Elder Resource Benefits Consulting believes having a clear net worth limit promotes consistency and uniformity in the VA’s claim decisions and is hopeful these changes will reduce the time to award.
As always, Elder Resource Benefits Consulting does not sell or refer to those who sell financial products.
We would like to thank the over 200 current and previous clients of ERBC who took the time to submit comments and to contact their US Congressman, Senators and State Governors and on the VA proposed regulation AO73. Although it is not finalized, we have preliminary information that indicates your voices were heard and you have made a difference.
Below are the press releases distributed to those in the media that follow Veteran issues the short version gives an over view of some of the more harmful aspects of the proposed rule, while the longer version goes into more detail. For specifics on each portion I am concerned about, please see the specific comments that have been posted to date.
See other comments by Patty Servaes in The New York Times & The Dallas Morning News . Her comments on the recent Forbes article was called out. Please add your voice to – otherwise, in the name of stopping asset transfers, this benefit will be severely diminished for the veterans and surviving spouses who truly need it.
if you need assistance scheduling your phone appointment
Call 508 485-0039 Or 833 VA AWARD
Elder Resource Benefits Consulting
365 Boston Post Road #390
Sudbury, MA 01776
For representation before the VA, ERBC refers to Servaes Consulting Group, LLC so you can be assisted by a VA Accredited Agent
Neither Elder Resource Benefits Consulting nor the Servaes Consulting Group, LLC is affiliated with the Department of Veterans Affairs or any other government agency.
Elder Resource Benefits Consulting and the Servaes Consulting Group, LLC are not Veterans Services Organizations.
We will make every effort to keep this Internet Site current and accurate, but there will surely be times when this site will not be current. These pages are for general information only.