The Veteran's assets are not considered excessive for receiving nonservice-connected VA pension benefits with a special allowance for aid and attendance, for accrued benefits purposes.
The deciding factor: The Veteran's SPIA fund could not be readily converted to cash due to its structure, leaving his bank deposit as the only significant asset. His monthly expenses exceeded his income, making it unlikely that these assets would last him more than 1.8 months given his projected lifespan of 7.9 years.
- Claimed conditions
- Not specified in this decision
- How they argued it
- Not specified
- Exposure basis
- None
- Rating assigned
- None in this decision
- Decision date
- October 6, 2014
- Citation
- 1444372
This is a plain-language summary generated by AI from a public Board of Veterans’ Appeals decision. It can contain errors — always verify against the original. Look up the original decision on VA.gov (opens in a new tab) using citation 1444372.
What this means for you
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