Transfer of Assets FAQs

Frequently Asked Questions and Answers Regarding Transfer of Assets

UpdatedHome Property FAQs

Frequently Asked Questions and Answers Regarding Home Property

Differences between Personal Care & ADvantage Waivers

Key Differences between Personal Care and ADvantage Waivers.

Resource – Life Estate

Policy / Examples regarding Life Estates

Resource – Legal Impediment

Explanation on Policy regarding Legal Impediment

Resource – Contracts for Deed

How to consider contracts for Deeds as Income / Resources

ADvantage and Other Waivers – Applications with Transfer Penalty

How should DHS Handle Advantage Applications with a Transfer Penalty

Annuities

The following are key policy points concerning the Treatment of annuities purchased on or after February 8, 2006.     317:35-5-41.8(c)  The purchase of an annuity shall be treated as the disposal of an asset for less than fair market value unless the Oklahoma Health Care Authority is named as the remainder beneficiary either: in the first […]