VA Benefits is the Latest Senior Scam

It’s obvious to us elder law attorneys who legitimately service our clients and owe duty to act on the best interests of our clients that if there is an opportunity to fleece seniors, there will be people who do so.  In the past, these annuity hucksters would hold seminars touting “living trust” packages for $395….then sell the unsuspecting senior an inappropriate, high-commission annuity.  Well, the new scam these days is with VA Benefits and Aid & Attendance.

Here the elderly veteran or widow of a veterans is lured by the promise of VA Benefits that help pay the cost of home care, assisted living or nursing home costs.  They’ll even do the VA application for “free”, but then they will, again, sell an inappropriate annuity.

If you are at one of these seminars, as whether the person giving the presentation is accredited by the VA.  Typically they are not.  You can check accreditation at www.va.gov/ogc/apps/accreditation/index.asp.  For example, I am a VA accredited attorney, which you can see on the website.

You can read another elder law attorney’s take at VA benefits: Latest senior scam or head over to the Michigan Elder Law Center website and search “VA Benefits Scam” for some past articles regarding these annuity hucksters doing a disservice to veterans.