What is the effect of reducing assets when a VA benefit’s claim has been filed and pending?

What is the effect of reducing assets when a VA benefit’s claim has been filed and pending? 

After a claim is filed, usually, the transfer of assets is not allowed. Therefore, the claim will be denied, and, as previously blogged this will raise Fraud issues. 

To increase your monthly income, please contact us about a FREE HANDBOOK about VA Benefits, written by David Wingate, an accredited VA Attorney, of Senior Life Care Planning, LLC, go to info@seniorlcp.com or if you require additional information about VA Benefits, visit our Senior LCP's Website.

We also have a Blog on Elder Issues and Veteran's Benefits.

If you are not receiving our Newsletter, go ahead and subscribe to our free NEWSLETTER to stay on top of senior issues.