NewLump Sums

Provide Policy Interpretations regarding ABD Cases and Lump Sums

Sale of Home Proceeds and Insurance Payments & Repairs

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

Absence from the Home: Temporary vs Permanent

Determining whether an absence is temporary or permanent.

UpdatedCountable Property

Determining the countable value of property not associated with the home property

Reverse Mortgages

What Is a Reverse Mortgage? A reverse mortgage is a loan.  A homeowner who is 62 or older and has considerable home equity can borrow against the value of their home and receive funds as a lump sum, fixed monthly payment or line of credit. It does not require the homeowner to make any payments.  […]

Home Property Exemption and Adjacent Properties

317:35-5-41.1 (b) The home exemption goes to the primary residence. That extension also covers adjacent properties. “Adjacent” is defined as the property lines touch even if there is an easement, road, creek or anything similar that separates the properties. Examples of adjacent properties shown here. The adjacent properties in addition to the home property; are […]

Resource – Life Estate

Policy / Examples regarding Life Estates

30 Day Out of Home Requirement (Hospital & Skilled Care)

Exceptions to the rules

Resource – Contracts for Deed

How to consider contracts for Deeds as Income / Resources