VeteranAid.org Forum
November 01, 2014, 07:20:33 AM *
Welcome, Guest. Please login or register.

Login with username, password and session length
News: Meet Debbie in her new video!  Click Here to view.
 
   Home   Help Search Login Register
 

Pages: [1]   Go Down
  Print  
Author Topic: Life Insurance & Net Worth Question  (Read 954 times)
care4vets
Newbie
*
Offline Offline

Posts: 46


View Profile
« on: March 26, 2012, 01:37:21 PM »

Hi,
I'm helping my friend fill out the EVRs just sent in March for Initial Year & 2011 (1 Combined Sheet) & a separate one for 2012; they're still working out her benefit level.  She received a life insurance payment from her deceased husband that was excluded from her income by the VA in her initial award letter.  On the EVR, I assume I need to include it again on her "all other income" for the Initial Year in Section 7 and explain it was one-time and previously excluded by the VA.  Then I assume I need to include what remains of it in today's 'net worth' total.  Do I need to explain on the 'net worth' line this includes the insurance money?

Thanks for your help!
Logged
Fit2009
Sr. Member
****
Offline Offline

Posts: 258


View Profile
« Reply #1 on: March 26, 2012, 05:42:10 PM »

It wouldn't hurt- better to be very clear
Logged
Pages: [1]   Go Up
  Print  
 
Jump to:  


Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2013, Simple Machines Valid XHTML 1.0! Valid CSS!
beauties