415.15 Allowable Property Transfers (MAM)

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The following is an all-inclusive list of allowable property transfers done by an institutionalized individual that are exempt from the asset transfer penalty:

• The title to the home was transferred to any of the following—the individual’s:

- spouse;

- child who is under 21; or

- child who is blind or permanently and totally disabled.

• The title to the home was transferred to the individual’s child who meets all of the following:

- who is age 21 or over;

- who is not blind or permanently and totally disabled;

- who resided in the individual’s home for a period of at least 2 years immediately before the individual’s admission to a nursing facility or other medical care facility; and

- who provided care to the individual, which permitted the individual to reside at home rather than in a medical facility.

• The title to the home was transferred to the individual’s sibling who meets all of the following:

- who has an equity interest in the home; and

- who resided in the home for a period of at least 1 year immediately before the individual’s admission to a nursing facility or other medical care facility.

• Assets were transferred to any of the following:

- the individual’s spouse;

- another person for the sole benefit of the spouse; or

- a child who is blind or permanently and totally disabled.