415.07 Transfers by an Institutionalized Individual (AAM) |
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Assets Transferred on or After 2/8/06
Evaluate all transfers of countable assets or homes that:
. Are for less than fair market value;
. Occur within 60 months prior to application;
. Occur while the application is pending; or
. Occur while a recipient.
Assets Transferred Prior to 2/8/06
. Occur within 36 months prior to institutionalization, if the individual is eligible for medical assistance at institutionalization or any time after institutionalization, or
. Occur within 60 months prior to application or institutionalization if assets were transferred to a trust.