Long Term Care (LTC): Home Property with Equity < the Maximum Home Equity Standard

317:35-5-41.8 (a)(3)(F)

Equity < the Maximum Home Equity Standard

If individual intends to return home property it may be excluded as a countable resource up to 12 months from date of entry into ICF.

The home property continues to be an exempt resource if one of the following lawfully resides in the home.

  • Spouse
  • Own minor child under 21
  • Own child who is considered blind, disabled per Social Security

Note: Please refer to Appendix C-1, Schedule VIII D.2 to determine the correct Maximum  Home Equity Standard

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