Here are some tips to keep in mind:
Secure past-due lump sum benefits
It is important to put your lump sum benefits into a savings account in order to secure your financial future. While you may be receiving a VA-disability check each month going forward, having a large lump sum in the bank may come in handy in the event that a financial issue arises in the future. With that being said, do not spend the lump sum on frivolous expenses. In addition, do not talk to family members or friends about receiving a large sum of money, because it may cause tension, or they may ask for financial assistance. Furthermore, try talking to a financial planner about investment options that yield high earnings.
Direct Deposit Makes Life Easier
Sign up for direct deposit so that your lump sum and monthly benefits are automatically deposited into your bank account.
Take Advantage of the Health Care Offered Through the VA
While you may not want to use the health care offered by the VA, it will likely not cost anything to enroll. Sometimes certain prescriptions or procedures are cheaper through the VA clinic than through a private physician.
Your Benefits Don’t Stop There
After winning a VA claim, you may be entitled to other additional benefits that include, schooling, training programs, housing, grants, and rehab, among others.
Check with Your State About Other Benefits
You may qualify for additional benefits through your state as a disabled veteran.
Don’t Be Afraid to Challenge Your Rating, Effective Date, or Benefit Award
If you are unhappy with your award, the VA doesn’t have the most up to date medical records, or your injury occurred prior to the effective date within the documentation, don’t be afraid to file an appeal for an increase. However, speak with a trusted attorney that may assist you in the process.
If you or a loved one is a veteran seeking to apply for disability benefits, received a low disability rating, or has had an application for disability benefits denied, it is important to contact an experienced VA lawyer who may assist you or a loved one through the process. Filing an application for veteran’s disability benefits or appealing an application that has been denied, is a complex process that requires the attention of a skilled Veteran’s Affairs attorney.
The attorneys of Sullivan & Kehoe, LLP concentrate their practice in Veterans Disability Law. With over 50 years of combined experience between its lawyers, our attorneys may be able to assist you or a loved one in obtaining disability benefits. Call our office at (800) 395 -7830 to schedule a consultation in our New York City, Garden City, Kings Park, Riverhead, or White Plains office.
I like what you said about how you should set up your social security checks for direct deposit. I need to get a lawyer to help me with a VA claim. I’ll have to hire someone with a winning record.
I’m glad you explained how VA benefits could include additional programs. The other day, I met with my family for a BBQ party and talked about how one of my uncles wants to start a business. I believe my uncle could benefit from applying for a VA program, so I’ll suggest it when I see him next week. Thank you so much for the advice on how veterans could get the additional resources they need.