Jerry L. Shmidt, Jr., Ph.D. has been my patient for _______years. Dr. Shmidt's V.A. number is 261-51-3827. He is trying to purchase a house using the V.A. home loan program. He meets all qualifications except one. The problem is Dr. Shmidt was deemed incompetent. In general he is not necessarily in disagreement, to a degree. He admits to poor judgment or to being eccentric at times. That does not mean he is incompetent.
He has a Service Connected Disability (in the line of duty) rating of 70%. However, the V.A. requires him to have someone assist in the management of his financial decisions: Trevor Shmidt was appointed as his Fiduciary for the V.A. and Representative Payee for the Social Security Administration (S.S.A.)
He selected his eldest son, Trevor Shmidt, 27 years old, to be his representative for both the V.A. and S.S.A. Both the V.A. and the S.S.A. approved Trevor Shmidt for that role. The V.A. and S.S.A. has never made any claims that he is doing anything less than a professional and conservative management of Dr. Shmidt's finances. Actually, Trevor Shmidt is doing an excellent job. …show more content…
Shmidt and Trevor Shmidt had a “Power of Attorney” drawn up by Mr. Christopher Zapalski, Attorney at Law. This “Power of Attorney” covers all matters financial and medical. As an example of their competence, the homes selected for potential purchase are half the monthly payment Dr. Shmidt is currently paying in rent. The apartment he rents is a very modest 1 bedroom for $660 per month. Since he has been renting, for the last 10 years, he has never missed a payment, let alone been late on a single month's rent. An amount which regularly increases $50 per year. It would be financially irresponsible for him not to purchase a home. He will be able to save $300 a month, conservatively. Also, the homes selected would easily pass a VA inspection. In other words, they are not “fixer
He has a Service Connected Disability (in the line of duty) rating of 70%. However, the V.A. requires him to have someone assist in the management of his financial decisions: Trevor Shmidt was appointed as his Fiduciary for the V.A. and Representative Payee for the Social Security Administration (S.S.A.)
He selected his eldest son, Trevor Shmidt, 27 years old, to be his representative for both the V.A. and S.S.A. Both the V.A. and the S.S.A. approved Trevor Shmidt for that role. The V.A. and S.S.A. has never made any claims that he is doing anything less than a professional and conservative management of Dr. Shmidt's finances. Actually, Trevor Shmidt is doing an excellent job. …show more content…
Shmidt and Trevor Shmidt had a “Power of Attorney” drawn up by Mr. Christopher Zapalski, Attorney at Law. This “Power of Attorney” covers all matters financial and medical. As an example of their competence, the homes selected for potential purchase are half the monthly payment Dr. Shmidt is currently paying in rent. The apartment he rents is a very modest 1 bedroom for $660 per month. Since he has been renting, for the last 10 years, he has never missed a payment, let alone been late on a single month's rent. An amount which regularly increases $50 per year. It would be financially irresponsible for him not to purchase a home. He will be able to save $300 a month, conservatively. Also, the homes selected would easily pass a VA inspection. In other words, they are not “fixer