415.09 Transfers by the Community Spouse of an Institutionalized Individual SR 13-36 Dated 11/13 |
Assets Transferred on or After 2/8/06
Evaluate all transfer of assets or the home that is transferred:
• For less than fair market value; and
• Within 60 months prior to the date of application.
Assets Transferred Prior to 2/8/06
Evaluate all transfer of assets or the home that is transferred for less than fair market value:
• Within 36 months prior to the institutionalized individual’s application for medical assistance; or
• Within 60 months prior to the application for medical assistance or institutionalization of the spouse if assets were transferred to a trust.