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VeteranAid.org Forum > General Aid & Attendance Discussion > General Discussion > Assests
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Author Topic: Assests  (Read 485 times)
mlisgrad
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« on: April 14, 2011, 09:31:42 AM »
Mom & I reside in PA.  My name is on all of her bank accts.  PA law says I own half the money in all of the accts.  Do I report her assests as half the balances, or report the full balance and add an explanation?  I'm just starting the process and feel a bit confused.  Thanks.
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vetadmin
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« Reply #1 on: April 14, 2011, 08:20:26 PM »
You may need to seek counsil on this as this rule generally applies to properties owned.
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VSR
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« Reply #2 on: April 21, 2011, 10:33:03 PM »
You should report all of her assets.  Just because your name is on it, it does not reduce the value of her net worth for VA purposes.
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