In 2017 the “Income” and “Resource” limits for ALTCS will increase, as follows:
Single Person $2,250.00 gross/month
Married Persons $2,250.00 gross/month to the applicant only; OR
$4,500.00 gross/month to both spouses.
Note, if monthly income exceeds these limits certain persons may still meet income eligibility with the use of a Miller Trust (aka Income Only Trust).
RESOURCE LIMITS (countable assets)
Single Person $2,000.00
Married Persons $120,900.00 (maximum CSRA)
$24,180.00 (minimum CSRA)
In addition to the allowed countable assets above, applicants may have certain additional non-countable (exempt) assets.
This is intended to provide general information only, and is not intended to provide legal advice or counsel. If you are interested in obtaining ALTCS benefits you should not apply for ALTCS benefits without first seeking advice of experienced legal counsel familiar with the ALTCS program services, medical criteria, and financial strategies to qualify for and submit a successful ALTCS application.