Read Disability Claims Articles
View All Forums | Chats and Other Events | Donate | Blogs | New Users | Search | Rules
- 0
Read Disability Claims Articles
View All Forums | Chats and Other Events | Donate | Blogs | New Users | Search | Rules
Question
mrs rockman (widow of vet)
I understand that you have to list all monies in cash, bank accounts,CD's, retirement plans, stocks, bonds etc.
Then this is what we can deduct to get the net worth:
I was told that I needed to get the following:
Itemize a list of both of our medical expenses from 09/29/11 (date Rockman was considered 100% P&T) to one year from that date.
Health Insurance premiums
Also the VSO said that they would deduct the amount that our house was appraised at. This does not seem to be correct.
On page 5 of the 21-534, it has this:
"VA cannot pay you pension if your net worth is sizeable. Net worth is the market value of all interest and rights you have in any kind of property less any mortgages or other claims against your property. However, net worth does not include the house you live in or a reasonable area of land it sits on.
I am so confused. It looks like at one place I list my house ( value or mortgage balance) and then it looks like that my house should not be included.
I AM SO CONFUSED. I was thinking about transferring the money to pay off what little mortgage I have, so I could "exist" some. I am afraid that if I pay it off, it may hurt the bottom line as far as net worth is concerned.
Can anyone give me some advice. I am having a hard time concentrating, but I do want to get it done correctly, so VA does not mess me over!!
Celia
Mrs. Rockman
Link to comment
Share on other sites
Top Posters For This Question
6
3
1
1
Popular Days
Oct 25
10
Oct 26
2
Oct 27
1
Top Posters For This Question
mrs rockman (widow of vet) 6 posts
carlie 3 posts
Chuck75 1 post
Philip Rogers 1 post
Popular Days
Oct 25 2012
10 posts
Oct 26 2012
2 posts
Oct 27 2012
1 post
12 answers to this question
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now