{"id":145,"date":"2010-03-01T23:15:16","date_gmt":"2010-03-02T03:15:16","guid":{"rendered":"http:\/\/connecticutelderlawblog.wordpress.com\/?p=145"},"modified":"2014-11-07T20:48:48","modified_gmt":"2014-11-08T00:48:48","slug":"title-19-long-term-care-services-allowed-assets","status":"publish","type":"post","link":"https:\/\/juliambrown.com\/wordpress\/title-19-long-term-care-services-allowed-assets\/","title":{"rendered":"Title 19 Long Term care services &#8211; Allowed Assets"},"content":{"rendered":"<p>Very few assets can be kept by the applicant and their spouse (the community spouse) in order to qualify for long-term care coverage under the Title 19 program.\u00a0 The following are the assets\u00a0they may keep:<\/p>\n<ul>\n<li>The primary residence provided the community spouse lives there.<\/li>\n<li>An irrevocable, pre-paid Funeral Contract up to $5,400 for the applicant and spouse.<\/li>\n<li>A revocable Funeral Contract to cover burial space items for applicant and spouse.<\/li>\n<li>A Burial Plot for applicant and spouse.<\/li>\n<li>Term Life Insurance (<em>Must have no cash value<\/em>).<\/li>\n<li>Whole Life Insurance when the Face Value of <span style=\"text-decoration: underline;\">all<\/span> policies is less than $1,500.<\/li>\n<li>One motor vehicle of any value.<\/li>\n<\/ul>\n<p>The community spouse can keep one-half (1\/2) of any and all of the combined assets of the husband and wife on the date of institutionalization (DOI) up to a maximum of $109,560.00 (the spousal share).\u00a0 For example, if you have a total of $120,000.00 of non-exempt assets the community spouse may keep $60,000.00 and the applicant $1,600.00.\u00a0 If you have $300,000.00 of non-exempt assets the community spouse may keep the maximum $109,560.00 and the applicant $1,600.00.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Very few assets can be kept by the applicant and their spouse (the community spouse) in order to qualify for long-term care coverage under the Title 19 program.\u00a0 The following are the assets\u00a0they may keep: The primary residence provided the community spouse lives there. An irrevocable, pre-paid Funeral Contract up to $5,400 for the applicant [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[93],"tags":[92,50],"class_list":["post-145","post","type-post","status-publish","format-standard","hentry","category-title-19-medicaid","tag-spend-down","tag-title-19"],"_links":{"self":[{"href":"https:\/\/juliambrown.com\/wordpress\/wp-json\/wp\/v2\/posts\/145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/juliambrown.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juliambrown.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juliambrown.com\/wordpress\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/juliambrown.com\/wordpress\/wp-json\/wp\/v2\/comments?post=145"}],"version-history":[{"count":2,"href":"https:\/\/juliambrown.com\/wordpress\/wp-json\/wp\/v2\/posts\/145\/revisions"}],"predecessor-version":[{"id":2420,"href":"https:\/\/juliambrown.com\/wordpress\/wp-json\/wp\/v2\/posts\/145\/revisions\/2420"}],"wp:attachment":[{"href":"https:\/\/juliambrown.com\/wordpress\/wp-json\/wp\/v2\/media?parent=145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juliambrown.com\/wordpress\/wp-json\/wp\/v2\/categories?post=145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juliambrown.com\/wordpress\/wp-json\/wp\/v2\/tags?post=145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}