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Fiduciary appointment after A&A is awarded
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Topic: Fiduciary appointment after A&A is awarded (Read 748 times)
mrbrody
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Posts: 1
Fiduciary appointment after A&A is awarded
«
on:
January 03, 2010, 01:36:05 PM »
When he started receiving his A&A my father was mentally competent. However, he is no longer able to manage his financial affairs. The check is directly deposited and his daughter has POA, is on the bank account and takes care of all expenses. I'm wondering is it necessary that we pursue having her officially appointed as fiduciary with the VA or leave matters as they are? Under what circumstances could it become an issue if we don't go the fiduciary route?
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Fit2009
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Posts: 247
Re: Fiduciary appointment after A&A is awarded
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Reply #1 on:
January 09, 2010, 10:08:54 AM »
never heard of it being an issue.
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lanya
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Posts: 11
Re: Fiduciary appointment after A&A is awarded
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Reply #2 on:
February 18, 2010, 10:29:26 PM »
I was wondering the same thing. The reason it is an issue is that the VA sends all mail, such as the annual ERV, to my mom, who is so absent-minded that she sometimes neglects to respond. This could cause her A&A to be cut off.
This year, I caught the ERV before she tossed it, but next year may not be so lucky. Should I start the process to be a fiduciary so I can keep track of such paperwork and have it mailed directly to me?
I am already POA on her bank account and run all her financial affairs.
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vetadmin
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Posts: 1529
Re: Fiduciary appointment after A&A is awarded
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Reply #3 on:
February 19, 2010, 02:07:53 PM »
Leave it alone. The family is not obligated to advise the VA of the veteran's mental status. It is not even suggested or recommended in the VA's manuals. Unless someone reports to the VA that the veteran is not being properly taken care of or he is waisting his money and not taking care of his bills then the VA doesn't care.
Regardless of any others stepping here with their opinion, DO NOTHING!
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