Military veterans are entitled to many benefits that are generally not known to those veterans. In order for veterans to become eligible for certain benefits, they have a certain maximum amount of assets that are held by them personally. If their assets are held in a trust, then they can still become eligible for veteran’s benefits. However, the trust needs to be drafted property to make them eligible for certain veteran benefits.
If you or a loved one is a military veteran, it is a wise financial move to set up a trust that meets these requirements. Call the office of Richard L. Klauer, P.C. to discuss becoming eligible for these veteran’s benefits.