According to the VA there are 15,200,860 Veterans in the United States.  9.2 million of them are over the age of 65.

We don’t often think of Gulf War Veterans when talking about aid & attendance pension, but according to the National Center for Veteran Analysis and Statistics, of the 8,051,480 Gulf War Veterans 18% have reached retirement age.  Yet another reason pension planning should be a part of your practice.

“Veterans Affairs benefits are often confusing and complicated. Traditional estate planning may cause clients to lose their benefits, and may result in expensive financial loss. As Estate Planning Attorneys and financial advisors, we are facing one of the largest transfers of wealth in our history. It is now more important than ever for our elderly clients to receive reliable and accurate information so they can make financial choices that best suit their needs.” -Jim Swain, J.D, MBA, Swain Law Firm.

*Statistics provided by the Census Bureau and The National Center for Veteran Analysis and Statistics.