1) Solely Owned Trust Example – Income higher than disbursement

The customer owns a revocable trust. She gets $1,200.00 in Social Security income each month, which is direct-deposited into the trust account. In the month that the customer applies for ALTCS, the trustee takes $1,100.00 out of the trust account and gives it to the customer.

The $1,200.00 that went into the trust is higher than the $1,100.00 paid out from the trust. The full $1,200.00 is counted when determining income eligibility and share of cost.