Virginia Code 32.1-325.02: Determinations of assets; disclaimers of interests to be considered uncompensated transfers of assets for Medicaid eligibility purposes under certain circumstances
A. When determining eligibility for medical assistance services, “assets” means, in regard to an individual, all income and resources of the individual and the individual’s spouse, including, but not limited to, any income or resources which the individual or such individual’s spouse is or becomes entitled to, but does not receive, because of any action by such individual or such individual’s spouse, or by a person, including a court or administrative body, with legal authority to act in the place of or on behalf of the individual or such individual’s spouse, or by any person, including any court or administrative body, acting at the direction of or upon the request of the individual or such individual’s spouse.
Terms Used In Virginia Code 32.1-325.02
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Department: means the State Department of Health. See Virginia Code 32.1-3
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Person: means an individual, corporation, partnership, or association or any other legal entity. See Virginia Code 32.1-3
B. For the sole purpose of determining eligibility for medical assistance services as provided in this title, Chapter 5 of Title 63.2, and the regulations of the Department of Medical Assistance Services, any disclaimer of succession pursuant to Chapter 26 of Title 64.2 shall be considered an uncompensated transfer of assets equal to the value of any interest disclaimed by any person who would, by reason of the disclaimer of succession, retain Medicaid eligibility or become eligible for medical assistance within (i) 36 months of the date that the disclaimer instrument is filed with a court of competent jurisdiction when the disclaimer instrument relates to any property other than property passed through a trust or (ii) 60 months of the date that the disclaimer instrument is filed with a court of competent jurisdiction when the disclaimer instrument relates to payments from a trust or portions of a trust.