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DEPARTMENT FOR AGING AND REHABILITATIVE SERVICES AUXILIARY GRANT PROGRAM NON-SSI RESOURCE TRANSFERS 11/18 CHAPTER G PAGE 1 Transfer of Resources - Introduction Transferring ownership of a resource may affect the value of an individual's countable resources which in turn can affect AG eligibility. Therefore, when an individual alleges that a resource has been transferred within 36 months prior to his/her application for AG or within his/her eligibility period, it is necessary to develop the issue to determine the effect on AG eligibility. It is important to assure that the individual uses his/her resources to meet his/her own needs. Transferring ownership of a resource for less than current market value reduces the amount of resources the individual has to meet his/her needs and increases his/her need for AG. A penalty may be applied in these situations. The penalty period will be based on the uncompensated value of the transferred resource. Note: AG transfer procedures differ from Medicaid guidelines in that AG only evaluates transfers of resources; items that meet the specific definition of resources as stated in Chapter E - 1. AG does not evaluate transfers of assets that do not meet the resource definition and it does not evaluate income transfers. Medicaid evaluates the transfer of all assets, including income.

1. Transfers A resource transfer is any action by an individual or other person that reduces or eliminates the individual’s ownership or control of a resource. Transfers of resources must be evaluated to determine if the individual received the current market value for the transferred resource. Transfers are either compensated or uncompensated. 1.1. Compensated Transfer If the individual receives the CMV for the transferred resource, the transfer is a compensated transfer. No penalty is applied. 1.2. Uncompensated Transfer If the individual receives less than CMV for the resource, the difference between the CMV and the amount received is the uncompensated value. If the uncompensated value exceeds the AG Rate, the individual is ineligible for a period of time. 1.3. Transferors This section applies to transfers made:  By an individual;