VA Fiduciary
Definition
A VA Fiduciary is a Federal Fiduciary appointed by the Department of Veterans Affairs (VA) to receive and manage VA benefits on behalf of a veteran or beneficiary who is unable to manage their own financial affairs.
Responsibilities of the VA Fiduciary include
- managing VA benefit payments for the beneficiary;
- ensuring the beneficiary’s needs, such as food and medical expenses, are met;
- recording of all financial transactions involving the VA funds; and
- meeting VA reporting requirements.
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