415.07 Transfers by an Institutionalized Individual SR 96-02, 01/96 (AAM-A)

Evaluate all transfers of countable assets or the home that:

• Are for less than fair market value,

• Occur within 36 months prior to application,

• Occur while the application is pending,

• Occur while a recipient,

• 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.