What if the claimant already has a VA service-connected compensation benefit?
In some cases the claimant may choose to improve their financial position by giving up a current lower benefit amount for the greater amount of the Aid and Attendance pension benefit. The VA will not allow the claimant to receive the Aid and Attendance pension benefit and keep their service connected compensation benefit or “piggyback” benefits. Should the Aid and Attendance pension benefit exceed the amount the claimant is currently receiving for service connected compensation, the VA will award the claimant with the higher paying benefit. 4. What is the maximum amount of liquid assets a claimant is allowed to have? Answer: In Senior Care of Americas’ calculations there is no ABSOLUE amount. The VA will apply their internal Net Worth tables to see if the claimant has too much liquid asset and provides a maximum amount as a guideline. Senior Care for Veterans utilizes its unique automated system to evaluate each claimant’s assets on an individual basis. 5. What happens if there is more
