Jan 28

The Veterans Administration Proposes 3 Year Look Back On Gifts


“On Friday, January 23, 2015, the VA issued proposed new Veterans Administration regulations that would penalize wartime veterans up to ten years for making gifts of assets for less than fair market value. The VA is trying to stop what they perceive as lawyers and financial advisers “taking advantage of veterans” when helping them strategically plan to preserve assets and qualify for the Improved Pension benefit.”

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