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Title 8: Medicaid Page 117 Iowa Department of Health and Human Services Employees’ Manual Chapter D: Resources Specific Non-MAGI-Related Resources September 13, 2024 Life Estates or Remainderman Interest
Life Estates or Remainderman Interest (Cont.) Age Life Estate Remainder Age Life Estate Remainder
78 .47049 .52951
79 .45357 .54643
80 .43569 .56341
95 .22887 .77113
81 .41967 .58033
96 .22181 .77819
82 .40295 .59705
97 .21550 .78450
83 .38642 .61358
98 .21000 .79000
84 .36998 .63002
99 .20486 .79514
85 .35359 .64641
100 .19975 .80025
86 .33764 .66236
101 .19532 .80468
87 .32262 .67738
102 .19054 .80946
88 .30859 .69141
103 .18437 .81563
89 .29526 .70474
104 .17856 .82144
90 .28221 .71779
105 .16962 .83038
91 .26955 .73045
106 .15488 .84512
92 .25771 .74229
107 .13409 .86591
93 .24692 .75308
108 .10068 .89932
94 .23728 .76272
109 .04545 .95455
Source: 49 Federal Register/Vol. 49 No. 93/5-11-84 Table -- Unisex Life Estate or Remainder Table. Loans and Promissory Notes 20 CFR 416.1207 Any amount that is borrowed through a loan is a resource if it is retained into the month following the month the loan is received. When an applicant or member makes a loan to another person, determine the resource value of the loan or promissory note. The loan or promissory note can be sold or transferred from one person to another. The resource value is the amount a disinterested third party would pay to receive the balance of the payments on the loan or promissory note.
Loans and promissory notes must also be reviewed to determine if use of the funds to purchase or make the loan constitutes a transfer of assets for less than fair market value. See Transfers That Cause a Medicaid Penalty.