how does selling a home affect VA benefits?
My mother and stepfather were placed into assisted living after both having medical issues. They insisted on keeping their house, in hopes of going home one day. To help pay for their care, we applied and received VA benefits. Now they are both in wheelchairs, but otherwise doing Ok. We must sell the house to keep paying for their care, there are no other assets. We feel they can both live many more years (for which we are grateful) but will probably need all the house benefits as well as the VA to keep them in assisted living and cover their drugs and supplemental insurance. We are not touching a penny. Is there a way to continue with the VA benefits without being dishonest after the house sells? It is a modest home, but over $80,000.
Status: Open May 21, 2016 - 09:04 AM