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The Chris Berry Show


Jan 15, 2019

Today’s show is dedicated to Veteran’s and Veteran’s spouses.

There are two types of Veteran’s benefits, and you want to make sure you are taking advantage of all the benefits that apply to you. Also, there have been some important changes to the Aid and Attendance benefit that could negatively impact you if you don’t plan accordingly.

In this episode of The Chris Berry Show, I’ll talk about the new 3-year look-back period, when a Veteran’s Asset Protection trust could prove useful, and when personal care contracts and power of attorneys are needed.

In this episode, you’ll learn...

  • Chris’ positive focus for the week.
  • About the two types of Veteran’s benefits.
  • The benefits you get with a disability rating.
  • About the Aid and Attendance benefit, how to qualify, and the new changes.
  • What the 3-year look-back period means.
  • How we help Veterans personally and through our workshops.
  • How to set up a personal care contract with someone other than a spouse.
  • How to get your VA benefits as soon as possible.
  • How a Veteran’s Asset Protection trust can help protect the proceeds from a home sale.
  • How to get a free financial and medical power of attorney.

Q&A

In each episode, I take questions from listeners. If you have any questions that you want answered, feel free to email us at askchris@thechrisberryshow.com. Here are the questions I covered in this episode:

 

  • Jedd asked: “If one has to go into assisted living, can Veteran’s benefits cover some of the costs, even if you have savings and investments?”
  • Shane asked: “Can a person subject to Medicaid rules have an executive of an estate set up a trust for them to receive an inheritance? Will a do-it-yourself suffice for our situation?”
  • Ron asked: “What kind of power of attorney do I need for an elderly mom? What documents are necessary after she passes away?”
  • Sam asked: “How should I invest $200,000 for three years if I want to use the money for traveling expenses?” 

Links & Resources

CJBerryGroup.com

TheChrisBerryShow.com

Michiganestateplanning.com

Register for one of our free estate & asset protection workshops 

Follow us on Social Media

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Facebook: www.facebook.com/chrisberryshow

LinkedIn: www.linkedin.com/in/christopherjberry