| Resource Allowances & Transfer Divisor: | |
|---|---|
| Maximum Resource Allowance for Patient | $2,000.00 |
| Minimum Resource Allowance for Patient's Spouse, Effective January 1, 2024 | $30,828.00 |
| Maximum Resource Allowance Patient's Spouse, Effective January 1, 2024 | $154,140.00 |
| Prepaid Funeral Maximum, Effective June 1, 2023 | $14,720.00 |
| Home Equity Cap for Non-married client, Effective January 1, 2024 | $713,000.00 |
| Penalty Divisor for Gifts or Transfers, Effective January 1, 2024 | $10,870.00 |
| Income Allowances: | |
|---|---|
| Income Allowance for Patient (if patient is a qualifying veteran add $30.00) | $60.00 |
| Minimum Income Allowance for Patient's Spouse | $2,465.00 |
| Heating & Utility Allowance for Patient's Spouse | $680.00 |
| Standard Shelter Amount/Excess Shelter Allowance for Patient's Spouse | $739.50 |
| Maximum Income Allowance for Patient's Spouse | $3,853.50 |
| Allowance for Patient's Legal Guardian | $83.00 |
| Extended Care / Waiver Income Limit (2024 Federal SSI Benefit Rate $943 * 3) | $2,829.00 |
We provide estate planning counsel to our clients protecting their assets and preparing their family's estate planning needs. Learn more about our firm.
