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<\/a><\/h3>\n\u2018Pension Poachers\u2019 are \u201chelping\u201d veterans hide assets to ensure they qualify for Aid and Attendance, typically by charging high fees to set up annuities and trusts (up to $10,000).<\/h3>\n
The Department of Veterans Affairs (VA)<\/a> has an outrageous backlog of disability claims, reported to amass more than 600,000 claims in all. Both compensation benefit and Aid and Attendance (Pension) benefit applicants are suffering an 8 to 18 month waiting time for benefits to be approved.<\/p>\n (Read more: Skilled Nursing Facilities Face Harsh Reality and Financial Pressures<\/a>)<\/p>\n The New York Times reports that the VA indicates that there is a specific reason why Aid and Attendance<\/strong> claims are being held up: \u2018pension poachers<\/a>.\u2019<\/p>\n Aid and Attendance <\/a>or Improved Pension<\/strong> is a benefit available to disabled or aging wartime veterans, in addition to surviving spouses of a veteran who now require assistance covering the cost of care. This benefit helps supplement income being used to pay for (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" \u2018Pension Poachers\u2019 are \u201chelping\u201d veterans hide assets to ensure they qualify for Aid and Attendance, typically by charging high fees to set up annuities and trusts (up to $10,000). The Department of Veterans Affairs (VA) has an outrageous backlog of…<\/span><\/p>\n