VA Proposes Controversial Regulations on Aid & Attendance Eligibility
On January 23, 2015, the Department of Veterans Affairs (VA) published proposed regulations that would make major changes to eligibility rules governing the Aid & Attendance Pension. The proposed regulations seek to establish a new net worth limit that would be used to determine financial eligibility and would create a 36-month look-back period on asset transfers made by pension applicants. Under the proposed regulations, veterans who transfer or dispose of assets to qualify for the pension during the three-year look-back period could face a penalty of up to ten years of ineligibility. The public has until March 24, 2015 to submit comments to the VA on the proposed regulations.
