Veterans are important people in the society. Most of them know about the health care and educational benefits they are entitled to. Veterans can also get financial help though Flagship Financial. These benefits are given to the veteran’s through the Department of Veterans and Affairs. Although these benefits are substantial on their own, there are several other programs that provide more benefits to the veterans and their families. Within the healthcare and educational programs, there are several other benefits that are little known to improve and ease the financial burden on the veterans.
Here are some of the benefits of being a veteran.
Long term care is considered to be expensive, but it is very important because it provides care for the aging relatives. Through a program known as Aid and Attendance, many veterans are able to receive some money to cover the expenses incurred in nursing homes and other long term care options. The veterans and their spouses receive a certain amount every year to cater for these expenses when they are old.
If you decide to take care of a veteran who is sick at home, the Department of Veterans affairs provides a caregiver support program. Although this program doesn’t give any monetary support to the people providing the care, they are offered free support line and caregiver support coordinator who helps to navigate the military benefits and the stress of care giving.
When any veteran passes away, the families are offered several benefits. The US flag might be draped over the casket, and the families can also be allowed a Presidential Memorial Certificate that is meant to honor the deceased service. Free headstones are also provided by the Department of Veterans Affairs.
When a veteran decides to get a college degree, they get special credits. The GI Bill also provides the veterans with over two thousand dollars to help them cater for the cost of the courses or training. This is very beneficial, especially to the veterans who want to change their careers.
Transferring GI Bill Credits
Any credits that are not used can be transferred through the GI Bill. Spouses and the dependents of the veterans can get these credits.
Free Tax Preparation
All veterans and their families get access to free tax preparation services. This is received from the Volunteer Income Tax Assistance.
Most veterans always have problems when they try to obtain traditional life insurance. Things get worse when the veterans sustain an injury during their service. The veterans can now get up to four hundred thousand dollars in life insurance through the Service members and Veterans Group Life Insurance. The program also offers very competitive premium rates for the veterans.
When the veterans are having trouble when making their mortgages, they can get some assistance from the Department of Veteran Affairs. They can get special repayment plan, loan modification program and loan forbearance.