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Show Answers given for veterans Question Because I am being transferred, trans-ferred, I must sell my GI loan financed home. I find it advantageous ad-vantageous to let my GI loan be assumed by the purchaser. Is there any way I can be released re-leased from my liability to the Government on the GI loan? Answer Yes. You may be released from liability to the Veterans Administration if your GI loan is current, if the purchaser obligates ob-ligates himself by contract to assume all of the liabilities on your loan and satisfies the VA that he is an acceptable credit risk. Question I know that a veteran's former for-mer wife received his GI life insurance payment after he died recently, while his widow and children received nothing. How can this happen? Answer The veteran evidently named his first wife as beneficiary when he applied for his GI Insurance. In-surance. Possibly he wanted his first wife to receive the proceeds of the life insurance, but more likely he neglected to change the designation of his beneficiary. The Veterans Administration is required by law to pay insurance benefits to the beneficiaries, named by the insured. Responsibility for naming the correct beneficiary rests with the policyholder. Question Is a certificate of attendance needed each month for veterans who are training under Public Law 89-358, if the training is below the college level ? . Answer Yes. Payment may not be made to veterans in training below college level for any month until a certificate of attendance has been received. Question How long will the VA pay to a veteran who is in a four-year four-year apprenticeship program? Answer Training assistance allowance will be paid for 36 months or to the expiration of the veteran's vet-eran's entitlement. The amount of the allowance is reduced at the end of each of the first three six-month period. Every man, when at work, even alone, has a song, however how-ever rude, to soften his labor. Quintillian |