December 1973 Eligibility Requirements Manual

1040.020.00 Determination of Transfer of Assets

IM-98 December 3, 2012

“Transfer” is the act of changing the legal title or other right of ownership to another person. An “improper transfer” means a transfer on or any time after the look-back date, of a legal or equitable interest in a resource for less than fair market value for the purpose of qualifying for MO HealthNet benefits, a greater amount of MO HealthNet benefits, or for the purpose of avoiding the utilization of the resource to meet medical needs or other living expenses. To determine if an improper transfer of assets occurred and if it results in a period of ineligibility known as the penalty period: