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Life insurance Archives

Veterans administration aid & attendance rules change 10/18/18

The Department of Veterans Affairs (VA) has finalized new rules that establish an asset limit, a look-back period, and asset transfer penalties for claimants applying for VA needs-based benefits. This is a change from current regulations, which do not contain a prohibition on transferring assets prior to applying for benefits such as Aid and Attendance.

Benefits of funding a special needs trust through life insurance

Parents in Ohio of a special needs child have specific estate planning issues to consider for the long-term well-being of a disabled family member. Using life insurance to fund a trust provides especially useful benefits to a special needs person.

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