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Author Topic: Does mortage payment, etc. count when figuring 'countable income'?  (Read 623 times)
sduckett
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« on: January 29, 2010, 05:22:04 PM »

I have a handout that an elder law attorney left at my dad's ALF and with it is a checklist of things to get together before filing an A&A claim.

One category is Amount Paid Monthly for: and then it lists mortgage, utilities, insurance (property), taxes (property/personal) and such.

In my dad's case, he has a home that I'm going to have to try to sell, but in this economy and in its condition.... who knows how long it will take. In the meantime he's paying the mortgage, insurance, taxes and utilities for a house he can no longer live in PLUS his ALF expense each month. Does the VA take into consideration such things when calculating countable income? And if not, why not?  They surely will count the money he gets... when and if it sells... as an asset.

Seems kinda one-sided to me.  Sad
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vetadmin
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« Reply #1 on: January 29, 2010, 06:21:51 PM »

Go to this link to see what you can claim and how to arrive at his "countable" income.  Yes, when the house sells you will have to notify the VA of the change in his financial status.

www.vetassist.org/eligibility.htm
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