answersLogoWhite

0


Best Answer

No, it may not be considered a scam in the literal sense of the word, but read on. AAWV is an organization that claims to educate vets on available government benefits for which they may be eligible to help defray the costs of assisted living, nursing home, or home health care. Their "Professional Members", those who go out to various senior communities and pitch their services, offer to help eligible veterans apply for the VA Aid & Attendance Improved Pension. The AAWV is affiliated with an financial services company. They claim they "help" veterans for "free". The only way their "Professional Members" get paid, however, is through commissions generated by insurance sales to veterans for annuities and life insurance they may not want or need. In fact, the organization is really looking for "over-resourced" veterans, i.e., those that have too much in assets and income to qualify. They encourage veterans who are so over-resourced to transfer assets out of their estate to their children. They then tell the children they "should" by an annuity. Commissions on these annuities, depending on their duration, can be up to 14%. This commission is split with the financial services company associated with AAWV. Does this constitute a scam, simply unethical behavior, neither, or perhaps something even more egregious?

The above are not true statements

During the past 8 years AAWV we have built our reputation on educating and helping thousands of veterans and their families on the Aid & Attendance program. Our Professional Members do not charge for their services. 80% of all families we see meet the VA asset requirement and do not require financial planning. The remaining 20% that may require some financial planning are never placed in high risk - high commission products.

Go to the discussion page as The first"answer" is anything but accurate.

Read the 2nd Answer

User Avatar

Wiki User

12y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

12y ago

American Veterans Aid has an VA accredited Claims Agent on staff who handles the entire application process for the claimant and is the claimant's Advocate before the VA Claims Board. He has a direct line to the VA to oversee the speedy approval of the claimant's request for financial aid.

This answer is:
User Avatar

User Avatar

Wiki User

11y ago

ABSOLUTELY!!

This answer is:
User Avatar

User Avatar

Wiki User

8y ago

the American Veterans Aid Services a scam

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is the American Veterans Aid group a scam?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are opinions on the American Veterans Aid group a scam or not?

The American Veterans Aid Group is believed to be a scam, according to the opinions of many people. The organization is not sanctioned by any veterans organizations.


When was Veterans Aid created?

Veterans Aid was created in 1932.


Do Veterans Administration support the American Veteran Aid?

yes they do and they have staff that facilitate their demands.


Where can one find car donation tax breaks for the american veterans?

When looking to donate a car to a charity such as the American Veterans charity then it may be worth reading the information that is about tax breaks for those donating. This information can be found by visiting the Veterans Aid website.


What kind of financial aid is available at American University?

American University offers many types of financial aid, some specific to individual programs of study. General financial aid available includes student loans, grants and veterans' benefit. Work study and student loan or financing options are also available.


What group was not created by president Wilson to aid the war effort in ww1?

the American Protective League


What veteran organizations accept donated used cars?

The VFW Foundation. The Air Force Aid Society, Operation Homefront, and the Disabled American Veterans Charitable Service Trust are a few veterans organizations that will accept donated used cars.


Which group opposed any Americam intervention or aid to the allies?

Generally, this was the practice of isolationists. If you want a specific group, the American Bund (pro-Nazis) would have argued against aid to the Allies for obvious reasons.


If you are awarded the purple heart what are the civilian beneifits?

It puts you in a higher Priority Group for VA healthcare. Group 1: veterans awarded a service-connected disability rating of 50 percent or higher Group 2: veterans awarded a service-connected disability rating of 30-40 percent Group 3: Purple Heart recipients, former prisoners of war, veterans with a 10-percent disability rating, or individuals disabled by VA treatment or vocational rehabilitation. Group 4: veterans receiving aid in attendance or housebound pension benefits Group 5: veterans with no service-connected disabilities, and whose income and net worth are below $27,000 Group 6:World War I vets, Mexican Border vets, Gulf War Illness vets, vets who served in combat in a war after the Gulf War, vets receiving care for exposure to toxic substances or radiation. Group 7: veterans with income above $27,001 who agree to make copayments


What group provided aid to the slaves on their underground journey north?

Fugitive slaves was the group that provided aid to the slaves on their underground journey.


Can you get any type a student aid from the army if you got a general discharge?

check with your state veterans affairs office


What are opinions on the American Veterans Aid group?

This company has been very helpful in assisting with the VA application for financial aid with the Department of Veteran Affairs. Prior to contacting them I had never heard of the Aid and Attendance benefit for my father who served in WWII. The Benefits Consultant did a very good job of explaining the benefit and how it would apply to paying for in home care or for a caregiver. There service fee is very reasonable and best of all there is a money back guarantee if my father is disapproved to receive the benefit. I would recommend them to any family interested in receiving the benefit for their loved one.