The federal government provides your veterans pension based on your needs as a wartime veteran with a disability. However, the standard VA pension benefits may not actually cover your needs.
When the Department of Veterans Affairs sends you a letter about your benefits, you might find it pretty dense. It's hard to wade through all of the information, and it's tempting to just skim it and set it aside.
As we get older, we all have to start thinking about the possibility of no longer being able to take care of our day-to-day activities due to the aging process. For many families, the best option is nursing home care, which can be very costly.
Not many people realize it, but armed forces personnel need help with their finances just as much as everyone else in the country. The military family of the country needs help from financial advisers and attorneys that have experience with VA pension benefits in order to make their lives a little bit easier.
Individuals spend varying amounts of time as members of the United States armed forces. There are those that are sent out to the front lines of the latest war soon after completing basic training only to be injured soon thereafter. Then there are others that make a career out of serving their country for decades. It can be confusing trying to make sense of who qualifies to receive a veteran's association (VA) pension and who does not.