The designation of an individual appointed to receive veteran's benefits for anyone ruled incompetent to administer their own benefits. After initiating a request, the VA administration conducts a field examination to approve the fiduciary to assist the beneficiary in managing benefits.
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Power of attorney documents allow caregivers to advocate for their loved ones, but some institutions require additional documentation. See what specific permissions you’ll need to access personal information and make vital decisions.
When friends or family members are unwilling or unable to take responsibility for an elder's legal, financial and health decisions, a professional fiduciary can ensure that their affairs are taken care of.