Page 49

Louisiana Medicaid Eligibility Manual Eligibility Factors

Reissued June 9, 2026

Page 49 of I-1630 Replacing September 23, 2024

Revised/added text indicated by underscore

Deleted text indicated by “**”

Valuation of Remainder Interest

Determine the value of the remainder interest held by the applicant/beneficiary by using the following steps:

• Determine the equity value of the proportionate share of the property to which the applicant/beneficiary has remainder man rights.

Note: If the remainder interest is in undivided real property, the market value is further reduced. Therefore, the value of a remainder interest in undivided real property should be obtained from a knowledgeable source.

• Refer to Z-1300 Usufruct and Remainder Interest Tables.

• Select the line for the age at the last birthday of the holder of the usufruct on the chart, and

• Multiply the figure in the remainder column by the equity value of the proportionate share of the property.

• The result is the remainder value.

Types of Property

For Medicaid purposes, property includes:

• Business assets,

• Home property,

• Household goods and personal effects, and

• Other real property.

Business Assets (Property Essential For Self-Support)

Effective May 1, 1990, exclude from resources all property used