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DEPARTMENT FOR AGING AND REHABILITATIVE SERVICES AUXILIARY GRANT PROGRAM NON-SSI RESOURCE ELIGIBILITY 11/18 CHAPTER E PAGE 79 Unless restricted by the instrument establishing the remainder interest, the remainderman is generally free to sell his/her interest in the physical property even before the life estate interest expires. 42.3.1. Value of Remainder Interest • The remainder interest is considered ownership of Non-Home Real Property. Develop ownership and CMV value per Chapter E - 49. • Multiply the CMV of the property by the decimal figure shown in the “Remainder” column adjacent to the life estate holder’s age in the Unisex Life Estate or Remainder Table. The result is the resource value of the life estate. 42.4. Verification Verify the life estate/remainder interest by obtaining a copy of the document that established the ownership interest. • Deed, • Will, • Other legal document 42.5. Unisex Life Estate Or Remainder Table

AGE LIFE ESTATE REMAINDER AGE LIFE ESTATE REMAINDER 0 .97188 .02812 55 .80046 .19954 1 .98988 .01012 56 .79006 .20994 2 .99017 .00983 57 .77931 .22069 3 .99008 .00992 58 .76822 .23178 4 .98981 .01019 59 .75675 .24325