Summary of Assets & Income

Assets  |  Income  |  Summary of Assets & Income  |  Gifts

Assets

Married Couple Single Person
$101,640.00
Community Spouse
$2,000.00
Patient Resource
2,500.00
Burial Acct. Community Spouse
Allowance
2,000.00
Nursing Home Spouse
 
2,500.00
Burial Acct. Nur. Home Spouse
$2,500.00
Burial Account
$107,640.00
Total
$4,500.00
Total
plus
plus
  • Home
  • Prepaid Funeral Expense (Irrevocable)
  • Vehicle, of any kind
  • $2,500.00 each in Death Benefit in Cash Value Life Insurance

Income

Married Couple Single Person
Unlimited
Community Spouse
 
$1,809.00
Nursing Home Spouse
(unless an Income Trust is used)
$1,809.00
Limit
(unless an Income Trust is used)
NOTE: Community Spouse can have income of Nursing Home Spouse diverted to bring Community Spouse's total income up to $1,604.00

Assets  |  Income  |  Summary of Assets & Income  |  Gifts

 
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