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Tag Archive 'transfers of assets'

The look-back date for transfers of assets is a date that is 60 months before the first date on which both of the following conditions exist:  1. the individual is institutionalized; and 2. the individual is either applying for or receiving Medicaid.

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For transfers prior to February 8, 2006, the effective date of the Deficit Reduction Act,  the look back period is 36 months other than for trusts.  For transfers after February 8, 2006 the look back is 60 months for all transfers not just for trusts.

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