When drafting an estate plan, it’s natural to gravitate toward handling the usual assets. Bank accounts, property and other investments are likely to be a main priority, and that’s still par for the course. As technology continues to affect our lives in new ways, however, there comes an accumulation of a different sort of asset that warrants consideration.
If you’re a veteran or a survivor eligible for pension benefits, you may qualify for additional compensation from the Veterans’ Administration. Enhanced pension benefits are tax-free compensation that includes the Aid and Attendance Benefit and Housebound Benefits. Here’s some information about each form of additional compensation.