Use this procedure to answer the resource questions.
The Questions – Resource page displays (all questions required).
In the Liquid Resources section:
Select Yes or No from the Does anyone in the household own liquid resources, such as cash-on-hand, stocks, bonds, checking or savings accounts, promissory note, annuity, certificate of deposit, retirement account, IIM, or prepayment of expenses? dropdown menu.
In the Asset Verification section:
Select Yes or No from the Do you want to perform Asset Verification? dropdown menu.
In the Real Property section:
Select Yes or No from the Does anyone in the household own real estate such as real property, including life estates, land, building, or mobile homes? dropdown menu.
In the Life Insurance section:
Select Yes or No from the Does anyone in the household have life insurance? dropdown menu.
In the Burial Resource section:
Select Yes or No from the Does anyone in the household own burial resource? dropdown menu.
In the Vehicle section:
Select Yes or No from the Does anyone in the household own a vehicle such as car, truck, motorcycle, camper, trailer, snowmobile, motor home, all-terrain vehicle, watercraft / boat or aircraft? dropdown menu.
In the Other Personal Property section:
Select Yes or No from the Does anyone in the household own personal property such as Trailers, Non-Motorized Boats, etc? dropdown menu.
In the Resource Transfer section:
Select Yes or No from the Has anyone in the household transferred resources? dropdown menu.
For MA – within 5 years of MA application.
In the Undue Hardship section:
Select Yes or No from the If resource transferred, is there a claim of undue hardship? dropdown menu.
In the LTC Resource Assessment section:
Select Yes or No from the Is this a LTC Resource Assessment? dropdown menu.
Click Next.
The answers to the resource questions have been recorded.
Updated: 12/23/2015