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How long does it take for VA to approve a fiduciary?

The self-registration process is the first step in accessing and navigating FAST. To begin the registration process click here. Please use the below job aid titled Self-register for FAST to assist you with the registration process. VA personnel will review and approve your registration within 2 business days.

What can VA fiduciary funds be used for?

Additional, responsibilities of the fiduciary include, but are not limited to the following: Utilizing the funds for the daily needs (e.g., food, clothing, housing, medical expenses, and personal items) of the beneficiary and his/her recognized dependents.

How much does a VA fiduciary get paid?

How much does a VA fiduciary get paid? The fiduciary is allowed to charge a fee of up to 4% of the amount the VA pays to the beneficiary. If the VA has deemed a veteran to be incompetent and unable to manage their veterans benefits, the VA will carry out a field examination to determine the most appropriate fiduciary.

How long does it take for VA to approve a fiduciary?

The self-registration process is the first step in accessing and navigating FAST. To begin the registration process click here. Please use the below job aid titled Self-register for FAST to assist you with the registration process. VA personnel will review and approve your registration within 2 business days.

What happens to a VA fiduciary account when someone dies?

Any saved VA benefits belong to the beneficiarys estate and must generally be given to the legal representative of the beneficiarys estate. You may contact the probate court or an attorney for further information. If the beneficiary dies without a will or heirs, you must return any remaining VA funds to VA.

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