Veterans Pension Program Is Being Abused, Report Says

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By JAMES DAO

Published: June 5, 2012




A yearlong investigation into a federal pension program for low-income veterans has concluded that weak oversight and unclear rules have made the system ripe for abuse, including by financial planners and lawyers who help well-off retirees qualify for benefits by transferring or hiding assets.
http://www.nytimes.com/2012/06/06/us/veterans-pension-program-is-being-abused-report-says.html?emc=tnt&tntemail1=y

[DURHAM D]

1. My neighbor bragged about doing this very thing for his WWII father.

The vet (who was drafted at the end of the war and was released early) gave all of his assets to his children and then they put him in assisted living and the government paid.

Turns out my neighbor's sister works for the VA and knew how to do this because she helps others vets and families do this. I asked about the "look back" and my neighbor said they don't do it on vets. I was surprised but it is true. This needs to be fixed.