Deed | Quest

Sale of Home Proceeds and Insurance Payments & Repairs

Last Updated July 17, 2023

How are the proceeds from the sale of the home property or an insurance payment for home repairs considered in determining eligibility

Subject: Aged, Blind, Disabled (ABD) Topics: 90, ABD, Aged, Appointment, Blind, buy, carpenter, Contract, Contractor, damage, Deed, Disabled, electrician, employ, estimate, fix, hail, handyman, home, Insurance, Interview, lineup, mitigation, ninety, Payment, plan, plumber, procure, property, purchase, QI-1, QMBP, Qualified Individual – Group 1, Qualified Medicare Beneficiary Plus, remediation, repair, replace, Resource, restoration, restore, roof, Sale, Schedule, SLMB, snow, Specified Low Income Medicare Beneficiary, SSP, state, storm, supplemental, tornado, water, weather

Resource – Life Estate

Last Updated September 22, 2022

Policy / Examples regarding Life Estates

Subject: Long Term Care (LTC) Topics: Deed, home equity, LEC Transaction, Life Estates, LTC, market value, mortgaged property, Resource, Transfer of Assets

Resource – Contracts for Deed

Last Updated June 2, 2017

How to consider contracts for Deeds as Income / Resources

Subject: Long Term Care (LTC) Topics: ABD, Contract for Deed, Deed, default, Income, LTC, Mortgage, Penalty, property, Resource, Sale, Selling, Transfer of Assets, Unearned Income