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.