Page 14
DEPARTMENT FOR AGING AND REHABILITATIVE SERVICES AUXILIARY GRANT PROGRAM NON-SSI RESOURCE TRANSFERS 11/18 CHAPTER G PAGE 11
9.3. In-kind Support And Maintenance (ISM) ISM is food and/or shelter that are provided to an individual. An agreement specifying the services to be provided and the rate of compensation must be in effect at the time that the ISM is provided to the individual. ISM given to an individual by friends or relatives with no obligation for repayment cannot be considered a debt retroactively. A transfer made to pay for previously provided ISM, for which there was no agreement, is an uncompensated transfer. 9.3.1. Verification Obtain a signed statement from the person providing the ISM to verify that the ISM is being provided in exchange for the transferred resource. The statement must include Total monthly household operating expenses which includes o Food costs if food is to be provided Number of household members The period of time for which ISM will be provided. 9.3.2. Value The CMV is the individual’s pro rata share of the household’s expenses times the number of months/years ISM is to be provided. Value compensation received in the form of ISM at its full CMV (monthly or annually depending upon the agreement) multiplied by the length of time for which it is to be provided under the agreement. Note: If an individual consumes all meals outside the household or purchases food separately, use only shelter expenses instead of total household operating expenses when computing ISM. If the agreement is that the receiver of the property will provide ISM for the life of the eligible individual, use the table below to determine the individual’s life expectancy. The individual’s life expectancy is the figure in the “Years of Life Remaining” column which corresponds to the age (or next lower age) of the eligible individual as of his/her last birthday at the time the resource was transferred.