Transfer of Assets

Transfer of Assets FAQs

Last Updated October 13, 2020

Frequently Asked Questions and Answers Regarding Transfer of Assets

Subject: Long Term Care (LTC) Topics: Allowable transfer, assets, community spouse, Disabled Child, donations, Exemption, giving, home property, institutionalized spouse, Spenddown, Transfer of Assets, Transfers, will

Home Property FAQs

Last Updated December 27, 2024

Frequently Asked Questions and Answers Regarding Home Property

Subject: Long Term Care (LTC) Topics: 2 year care, allowable transfers, community spouse, Disabled Child, home property, institutionalized spouse, liens, LTC, Nursing Home, Resources, Revocable Trust, sale of home, Transfer of Assets, transfer of home

Resource – Indian Trust Funds / IIM Accounts

Last Updated September 22, 2022

Resource Eligibility IIM Accounts

Subject: Long Term Care (LTC) Topics: BIA, disbursement, IIM account, Indian Trust Fund, Individual Indian Money, LTC, resource limit, Resources, Secretary of Interior, Transfer of Assets

Differences between Personal Care & ADvantage Waivers

Last Updated August 27, 2018

Key Differences between Personal Care and ADvantage Waivers.

Subject: Long Term Care (LTC), Personal Care Topics: ADLs, ADvantage Waiver, Categorical Relationship, Financial Eligibility, home property, IADLs, MIPT, Online Enrollment, Personal Care, Transfer of Assets

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

NON-PS2 Instructions (Resource)

Last Updated August 11, 2017

This is a list with descriptions of the non-PS2 fields in the FACS Resources Tab.

Subject: Systems Help Topics: bank account, Expedited Applications, FACS, Income Producing Property, liquid resource, Non-PS2 Instructions, property, Resources, Resources Tab, Transfer of Assets, Vehicle

Resource – Legal Impediment

Last Updated September 22, 2022

Explanation on Policy regarding Legal Impediment

Subject: Aged, Blind, Disabled (ABD), Long Term Care (LTC), Programs Topics: Adult Protective Service, APS, Legal guardian, Legal Impediment, Probate, Resources, 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

ADvantage and Other Waivers – Applications with Transfer Penalty

Last Updated February 23, 2023

How should DHS Handle Advantage Applications with a Transfer Penalty

Subject: Long Term Care (LTC) Topics: ADvantage application, Denial, Medicaid Income Pension Trust, MIPT, penalty period, Transfer of Assets, transfer penalty

UpdatedAnnuities

Last Updated June 17, 2025

Treatment of annuities purchased on or after February 8, 2006. 317:35-5-41.8(c)

Subject: Long Term Care (LTC), Programs Topics: annuities, Annuity Flowchart, Beneficiary, Financial Eligibility, Transfer of Assets

Quest Information ONline

Topic: Transfer of Assets