What if the above transfer was to a family member, such as an adult child?
Monday, Nov. 30th 2020 5:34 AM
The transfer by the applicant’s spouse must be a real gift transfer. If the adult child, for example, is only holding the assets, it probably really is a trust. In that case, the transfer could either cause a period of ineligibility or simply result in the assets continuing to be counted as available to the applicant.
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