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West Virginia Income Maintenance Manual Chapter 5

West Virginia Income Maintenance Manual Page 73 Chapter 5 Assets

• If a non-SSI recipient parent is in the home and is not included in the AG, his assets are available to his spouse and children in their entirety. • The assets available to the AG from the ineligible parent are: o The value of the assets owned solely by the ineligible parent; and o The asset value assigned to him as a result of joint ownership. • The assets considered available to the AG from the ineligible spouse, who is not a parent of the dependent children, is the asset value assigned to the eligible spouse as a result of this joint ownership. • The assets considered available to the AG from other joint ownership is the countable asset value assigned to the AG member as a result of the joint ownership plus any other assets owned solely by AG members. Asset Example 1: A woman receives AFDC-Related Medicaid for herself and her children from a previous marriage. She is now remarried and living with her husband. She and her current husband jointly own all their assets (John Oak or Mary Oak). Their countable assets total $3,000. All of this amount is counted as an asset because the woman is in the AG, and because the jointly owned assets are considered available to her in their entirety. Asset Example 2: Same situation as above except that the woman is not included in the AG. Because the jointly owned assets are considered hers in their entirety, and her children are in the AG, all of the $3,000 in assets is counted. Asset Example 3: A woman, separated from her husband, receives AFDC- Related Medicaid for herself and her children. She and her husband jointly owned property and neither can sell his interest in it. Her husband refuses to sell the property and divide the money. The property is excluded, as long as she is unable to sell her interest. Asset Example 4: A woman and her three children apply for AFDC-Related Medicaid. The woman owns her homestead property and another piece of land valued at $600. In addition, she and her sister jointly own property valued at $750. The deed shows the owners as Betty and Wilma Pine. They are trying to sell the property. The value assigned to the applicant is $975, i.e., the total value of the land she owns alone plus ½ of the value of the jointly owned property.

5.6.2.B.2 Assets Jointly Owned by an AFDC-Related Medicaid Client and an SSI Recipient Treatment of assets jointly owned with an SSI recipient depends on the type of asset.