![\"Michigan](\"http:\/\/www.theeldercarefirm.com\/wp-content\/uploads\/2015\/05\/michiganelderlawnews.jpeg\")
<\/a><\/p>\nMichigan estate planning and elder law news brief.<\/p>\n<\/div>\n
In 2014, Congress proposed a law that would penalize veterans and surviving spouses of veterans who were looking to apply for the VA Benefit if they transfered\u00a0assets within the three year period from when they applied for benefits. \u00a0If the veteran or surviving spouse did transfer assets, there would be a penalty imposed on the veteran or surviving\u00a0spouse.<\/p>\n
However, that bill failed and never saw the light of day.<\/p>\n
VA Benefits Proposed Rule Change in 2015<\/h1>\n
In early 2015, the VA took another route to get the “3 Year Look-back” rule implemented. \u00a0Instead of a change in law through Congress, they looked to change the administrative rules.<\/p>\n
With that goal in mind in early 2015 they made a proposed rule change that would implement a 3 year look-back. \u00a0There was a comment period that closed March 24th. \u00a0There were over 800 people who made comment, including many elder (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Michigan estate planning and elder law news brief. In 2014, Congress proposed a law that would penalize veterans and surviving spouses of veterans who were looking to apply for the VA Benefit if they transfered\u00a0assets within the three year period…<\/span><\/p>\n