10- 144 C.M.R. ch. 336, § 3

Current through 2024-51, December 18, 2024

Section 144-336-3 - DEFINITION OF ASSETS SUBJECT TO TRANSFER

For transfer purposes, an asset includes all income and resources of the individual and the individual's spouse. This includes any income or resources which the individual or the individual's spouse is entitled to but does not receive because of action or lack of action by the individual as defined above, including but not limited to renouncing an inheritance or failing to exercise a spousal share in a challenge to a will.

To determine the effect that the transfer has on eligibility, several questions must be answered:

I. What was transferred?

II. Who was the transfer made to?

III. When was the transfer made?

IV. What did the individual or individual's spouse receive in exchange?

V. Why was the transfer made?

10- 144 C.M.R. ch. 336, § 3