WPC  dx_؂λ .%9?5OX8jb 4-H1+!'&E-Y\4._omRaO!z)rq/ $nVoD@jyb`L[VNg∎4vԡ_cj !$/w /<#<{c8Ld٭( 0O D?%򾻜lgC)]2exsa &$"9N3`h~92`hp9t|L@= 4թ3“¬mP#i:S s*T2!|Gm<-eU> 0<fa B 7UD' D+kfaU*U,fa D/ G BIf 0v# UN % M% () NQ ^ S w_ 4c w my \  `&Times New Roman' TRANSMITTAL NO (Loretta Durning(0Loretta Durning .   <:Default ParaTable_A3+ d - "`,Century Schoolbook'dxdTable_B%2A`Arial(\ Y`SymbolTable_C)1dxd  d#|x(rd$..      *MXX*M*MRICOH Aficio 450/455 PCL 5e,,,,,,0(hH  Z6Times New Roman RegularX`C) X;)l1qU d!..      *!XX*!*!  _       * ddd Xdd Xdd X(#(#, ,+  :' @:B  C  *!TRANSMITTALNO.13*!Ԁ  *!SSAPub.No.680501150*!Ԁ  *!SEPTEMBER2000*! ?,!\@ @?*!AUDIENCE:*!Ԁ  *!DO/BO/_TSC_Ԁ!CR,CR_TXVI_,_DRT_,FR,_OA_,OS,RR,SR*!Ԁ  *!_PSC_Ԁ_Ԅ_DS*! \ *!Originating_Office:OPB_*!<20&v@    < K(XXK  ?+ hp x (#X? F*!gF PROGRAMgԀgOPERATIONSMANUAL  SYSTEMg*!  4     \}*!sv \} Part05!SupplementalSecurityIncome sv*!     \}*!sv \} Chapter011Resources sv*!     \}*!sv \} _Subchapter_Ԁ50!OtherResourcesProvisions sv*!   '  \}*!sv \} Background sv*!  B   K.` hp x (#  X(#K\}*!sv \}On12/14/99,thePresidentsignedintolawtheFosterCare  ]  IndependenceActof1999(_P.L._Ԁ106169).Section206ofthislaw (x  providesforaperiodofineligibilityforSSIupto36monthsforan C  individualwhotransfersaresourceforlessthanfairmarketvalue.On ^ 12/16/99weissuedEM99136whichinstructedfieldofficestoholdcases y affectedbythisprovisionpendingfurtherinstructions.Thistransmittal  providesinstructionsforprocessingtheresourcetransfercasesthat  havebeenheld.Processthesecasesimmediatelyuponreceiptofthis  transmittal. sv*!Ԁ 5 *!ThistransmittalobsoletesEM99136andEM99144.*!Ԁ P *p dd  (#(#p,,+  :' @:B  C  *! SocialSecurityAdministration*!  2 *! OfficeofDisabilityandIncomeSecurity*!   *! Programs*!  v *!SSAPub.No.680501150*! ?,!@@ @?*! EffectiveDate:*!  2 *! SelectiveDistribution:*!   *!D51/_PSC_*!Ԁ v *!Toadjustquantityrequirements,submitformSSA @  1296,"RequestforAddressorDistributionChange."*!<20 Z!@    <K(X<K  \}*!sv \} ExplanationofManualChanges sv*!  <!   \}*!sv \} Transfers"General sv*!   W" \}*!sv \} SI01150.001WhatisaResourceTransfer sv*!  "!r#  B+ hp x (#X(#B*!This_retitled_Ԁsectionprovidestheeffectivedatesforchangesinresourcetransfer ="$ policy.Thissectionalsoprovidesthepolicyandproceduresfordeterminingwhat #W% isavalidtransferofresourcesandwhentransfersmustbedeveloped.*!Ԁ #!&  K.` hp x (#  X(#K\}*!sv \} SI01150.003SummaryofProceduresforProcessingResource $' Transfers sv*!  %!( \}*!sv \}Thisnewsectionprovidesasummaryoftheproceduresusedtoprocess &!") resourcetransfers. sv*!Ԁ '<#* *! SI01150.101TheSSIPenalty:TransfersOccurringPriortoJuly1988onClaimsFiled )W$+ AfterFebruary1981*!  )!%, *!Thissectionhasbeendeleted.*!Ԁ *%- *! SI01150.102CompensationTransferofResources*!  e+&. *!Thissectionhasbeendeleted.*!Ԁ /,'/ *! SI01150.103PenaltyNullifiedorAdjustedTransferofResources*!  ,I(0 *!Thissectionhasbeendeleted.*!Ԁ -)1 *! SI01150.104PenaltyException:RebuttalofthePresumptionoftheReasonforTransfer*!   *!Thissectionhasbeendeleted.*!Ԁ z *! SI01150.105PenaltyException:UndueHardshipTransferofResources*!  D *!Thissectionhasbeendeleted.*!Ԁ ^ *! SI01150.106NotifyingIndividualsofEstablishedUncompensatedValueTransferof ( Resources*!   *!Thissectionhasbeendeleted.*!Ԁ l  *! SI01150.108TransferofResourcesForLessThanFairMarketValue12/14/99orLater*!  6  *!Thissectionhasbeendeleted.*!Ԁ  P *! SI01150.109NoticeRequirementsforTransfersofResourcesforLessThanFairMarket    Value12/14/99orLater*!     *!Thissectionhasbeendeleted.*!Ԁ ^   \}*!sv \} Transfers"DeterminingFairMarketValue sv*!  (x  \}*!sv \} SI01150.005DeterminingFairMarketValue sv*!  C  *!Thisnewsectionprovidesthepolicyandproceduresfordeterminingwhethertheindividualreceived ^  fairmarketvalueforthetransferredresource.Italsoincludesinstructionsforevaluatingthetypesof (x  noncashcompensationthatanindividualcouldreceiveinexchangeforthetransferredresource.If B  theindividualreceivedfairmarketvaluefortheresource,thetransferdoesnotresultinaperiodof   ineligibilityforSSI.*!Ԁ  \}*!sv \} SI01150.007TransferofResourcesbySpendDown sv*!  P *!Thisnewsectionprovidesthepolicyandproceduresfordevelopingtransfersofresourceswhenthe k individualallegesspenddownofcashandfordeterminingwhethertheindividualreceivedfair 5 marketvalue.Spenddownofcashisatypeofresourcetransfer.*!Ԁ O \}*!sv \} ResourceTransferNotifications sv*!   \}*!sv \} SI01150.010NotifyingIndividualsAbouttheEffectofResource 4 Transfers sv*!  O *!Thissection,formerlySI01150.109,providesinstructionsfornotifyingindividualsthatatransferof j resourcescouldresultinineligibilityforSSIbenefitsandforcertainMedicaidbenefits.Since7/1/88it 4 hasbeenarequirementforSSAtonotifyindividualsaboutthepotentialeffectofresourcetransfers  onMedicaideligibility.Notificationisstillrequiredunderthenewprovision.*!Ԁ x \}*!sv \} SI01150.012NotifyingStateMedicaidAgency sv*!  B *!This_retitled_ԀsectionprovidestheprocedurefornotifyingtheStateMedicaidagencywhenSSA ] discoversthatanindividualtransferredaresource.Since7/1/88,SSAhasbeenrequiredtoprovide ' w  thisnotification.Notificationisstillrequiredunderthenewprovision.*!Ԁ  A! \}*!sv \} TransfersBefore12/14/99 sv*!  ! " \}*!sv \} SI01150.100ProcessingResourceTransfersOccurringBefore "&# 12/14/99 sv*!  #A$ *!Thissection,formerlySI01150.110,providesinstructionsforprocessingtransfersofresourcesthat  %\ % occurredbefore12/14/99.AresourcetransferdoesnotaffectSSIeligibilityifitoccurredbefore %&!& 12/14/99butitmayaffectMedicaideligibility.*!Ԁ &!' \}*!sv \} TransfersOnorAfter12/14/99 sv*!  j'"( \}*!sv \} SI01150.110PeriodofIneligibilityforTransfersOccurringOn (#) orAfter12/14/99 sv*!  )$* *!This_retitled_Ԁsectiondescribestheperiodofineligibilitythatcanresultfromresourcestransferredfor * &+ lessthanfairmarketvalueonorafter12/14/99.Thissectionalsoexplainsthelookbackdateand +&,  whentheperiodofineligibilitybeginsandends.*!Ԁ O,'- \}*!sv \} SI01150.111ComputingthePeriodofIneligibilityforResources   TransferredOnorAfter12/14/99 sv*!   *!Thisnewsectionprovidestheproceduresforcomputingthenumberofmonthsintheperiodof 6 ineligibility.Bylaw,theperiodcannotbelongerthan36months.*!Ԁ  \}*!sv \} SI01150.112InitialClaimsWithPeriodofIneligibilityand z DisabilityDeterminationRequired sv*!    *!Thisnewsectionprovidesinstructionsforprocessinginitialclaimswithaperiodofineligibilitywhen   adisabilitydeterminationisrequired.*!Ԁ z  \}*!sv \} SI01150.113InitialClaimswithPeriodofIneligibilityand D  DisabilityDeterminationNotRequired sv*!  _   *!Thisnewsectionprovidesinstructionsforprocessinginitialclaimswithaperiodofineligibilitywhen z  adisabilitydeterminationisnotrequired.*!Ԁ D  \}*!sv \} SI01150.114_Posteligibility_ԀCasesWithPeriodofIneligibility sv*!  ^  *!Thisnewsectionprovidesinstructionsforprocessing_posteligibility_Ԁcasesinwhichatransferof )y  resourceshasoccurred.ResourcestransferredbyanindividualwhoisreceivingSSIbenefitscan C  resultinaperiodofineligibility.*!Ԁ   \}*!sv \} ExceptionstothePeriodofIneligibility sv*!   \}*!sv \} SI01150.120ExceptionstothePeriodofIneligibility"General sv*!   *!Thisnewsectionisanintroductiontotheexceptionstotheperiodofineligibility.Inadditionto   establishingtheperiodofineligibility,theFosterCareIndependenceActof1999(_P.L._Ԁ106169)  providesforanumberofexceptions.IfoneoftheexceptionslistedinSI01150.121throughSI Q 01150.125applies,theperiodofineligibilitydoesnotapply.*!Ԁ k \}*!sv \} SI01150.121Exceptions"TransferstoaTrust sv*!  5 *!Thisnewsectionprovidesinstructionsfordeterminingwhetherputtingfundsintoatrustis P consideredatransferofresources.Ingeneral,whenanindividualputsfundsintoatrustthatisa  countableresource,theperiodofineligibilitydoesnotapply.*!Ԁ  \}*!sv \} SI01150.122Exceptions"TransfersofaHome sv*!  ^ *!Thisnewsectionprovidesinstructionsfordeterminingwhethertheperiodofineligibilitywillapply y toanindividualwhotransfersahome.*!Ԁ C \}*!sv \} SI01150.123Exceptions"NonHomeTransferstoCertain  ] FamilyMembers sv*!  ( x *!Thisnewsectionprovidesinstructionsfordeterminingwhethertheperiodofineligibilitywillapply C! toanindividualwhotransfersresourcestocertainfamilymembers.*!Ԁ  "]  \}*!sv \} SI01150.124Exceptions"TransferredResourceReturned sv*!  "'! *!Thisnewsectionprovidesinstructionsfordeterminingwhethertheperiodofineligibilityapplies #B" whenthetransferredresourceisreturnedtotheindividual.Thissectionalsoprovidesinstructions $ # for_recomputing_Ԁthelengthoftheperiodofineligibilitywhenpartoftheresourceisreturnedtothe % $ individual.*!Ԁ P&!% \}*!sv \} SI01150.125Exceptions"TransfersforPurposesOtherThanto 'j"& ObtainSSI sv*!  5(#' *!Thisnewsectionprovidesinstructionsfordeterminingwhethertheperiodofineligibilityapplies P)$( whenanindividualallegesthattheresourcewastransferredforapurposeotherthantoobtainSSI. *j%) Thissectionalsodiscussestheprocessforrebuttingthepresumptionthattheindividualtransferred *4&* aresourceinordertoobtainSSIbenefits.Thissectionalsoprovidesinstructionsfordetermining +&+ whethertheperiodofineligibilityappliestoanindividualwhotransfersaresourceworthlessthan x,',  $2,000($3,000foracouple).*!Ԁ B-(- \}*!sv \} SI01150.126Exceptions"UndueHardship sv*!    *!Thisnewsectionprovidestheinstructionsfordeterminingwhetheranindividual,whoissubjectto  theperiodofineligibility,meetstherequirementstogetSSIbenefitsbasedonunduehardship.*!Ԁ  \}*!sv \} SI01150.127Exceptions"Interviewer'sGuidetotheExceptions _ tothePeriodofIneligibility sv*!  z *!Thisnewsectionprovidesaguideforinterviewerstoassistthemindeterminingwhetherthe   individualmeetsoneoftheexceptionstotheperiodofineligibility.*!Ԁ _  \}*!sv \} SI01150.150NoticesforTransferofResourceCases sv*!  ) y *!Thisnewsectionprovidesinstructionsforpreparingthemanualnoticesfortransferofresource D  cases.ManualnoticeswillberequiredifanindividualisfoundineligibleforSSIduetoaresource  ^  transferoriftheindividualwillbeeligibleforSSIbasedonunduehardship.Theseresourcetransfer  (  noticeswillbepreparedusingtheFieldOfficeNoticeSoftware(_FONS_).Itwillbenecessarytousethe   genericnotices(award,disallowance,noticeofplannedaction,etc.)alreadyon_FONS_Ԁuntilspecial l  resourcetransfernoticesareavailableon_FONS_ԀinNovember,2000.*!Ԁ 6  \}*!sv \} SI01150.151ExhibitsofNoticeLanguage sv*!  P  *!Thisnewsectionprovidestheparagraphsneededformanualnoticesfortransferofresourcecases.*!Ԁ k   B+ hp x (#X(#BF*!  F TRANSFERSGENERAL    *!    5  K.` hp x (#  X(#KF*!  F 01150.001WhatisaResourceTransfer    *!   Ԁ > \}*! \} CITATIONS:sv   SocialSecurityActasamended,section1613(c) sv*!  \}*! \} A.INTRODUCTION"TRANSFEROFRESOURCES   *!      E.444` hp x (#X(#E\}*!sv \}InordertodetermineeligibilityforSSI,SSAmustdetermine  thevalueofanindividual'sresourcesatthefirstmomentofthe ) month.Transferringownershipofaresourcemayaffectthe D valueofanindividual'scountableresourceswhichinturncan _ affectSSIeligibility.Asof12/14/99,transferringownershipofa *z resourceforlessthanfairmarketvaluecanresultinaperiodof E ineligibilityforSSI.Therefore,whenanindividualallegesthat ` aresourcehasbeentransferreditisnecessarytodevelopthis { issueinordertodeterminetheeffectonSSIeligibility.SSA   mustalsonotifyStateMedicaidagenciesaboutresource ! transfers,regardlessofwhenthetransferoccurred. sv*! "  K.` hp x (#444` X(#K\}*! \} B.POLICY"WHATISAVALIDTRANSFER   *!    #7  E.444` hp x (#X(#E\}*! \} 1.ValidTransfer   *!    $C   4E( hp x (#444` X(#E\}*!sv \}Whenthereisavalidtransfer,theindividualno %O!! longerownstheproperty.Avalidtransferisbased 'j"" onalegallybindingagreement.Iftheindividualno 5(## longerownstheproperty,itisnotcountedasa P)$$ resourceforSSIpurposes.Ifatransferisnotvalid, k*%% theindividualstillownsthepropertyanditis +&& countedasaresourceforSSIpurposes. sv*! ,''  4H+` ` ` hp x (#  X(#H\}*! \} 2.EffectiveDateofTransfer   *!    - )(  4B( hp x (#` ` ` X(#B\}*!sv \}Resourcedeterminationsarebasedontheresources  anindividualownsonthefirstmomentofthe  month.Therefore,whenpropertyisvalidly 6 transferred,itnolongercountsasaresourceasof Q thefirstmomentofthemonthfollowingthetransfer  l (SI01110.600). sv*! 7  \}*!sv \} Example :Theindividualsellshissailboaton R  5/15/00.ForSSIpurposes,theboatisconsidereda m  resourceforMay.AsofJunetheboatisnota   resource. sv*!    4H+` ` ` hp x (#  X(#H\}*! \} 3.TransactionsThatCanResultinValidTransfer   *!       4B( hp x (#` ` ` X(#B\}*!sv \}Validtransfersofresourceownershipmayoccur   throughanyofthefollowingtypesoftransactions: sv*! 5  \}*! )\}_ \} )Sale_Ԁofproperty;*!\} P  \}*! )\}_ \} )Trade_Ԁorexchangeofonepropertyforanother;*!\} m \}*! )\}_ \} )Spend_Ԅdownofcash;*!\} : \}*! )\}_ \} )Giving_Ԁawaycash;*!\} W \}*! )\}_ \} )Transferring_Ԁanyfinancialinstrument(e.g.,stocks,bonds); t *!\} \}*! )\}_ \} )Giving_Ԁawayproperty(includingaddinganotherperson's P nameasanowneroftheproperty);*!\} m \}*!sv \} Example :Iftheownerofahomeaddsthenameof y anotherpersontothedeedasacoowner,theowner  hastransferredaportionofthevalueoftheresource  tothatperson.Thistransactionisconsidereda  transferofresources. sv*! 5  4H+` ` ` hp x (#  X(#H\}*! \} 4.SpenddownofCashResources   *!    !P  4B( hp x (#` ` ` X(#B\}*!sv \}Spendingcashisatypeoftransfer.Assume,absent  "\ evidencetothecontrary,thatanindividualgetsfair '#w marketvaluewhenhe/shespendscashresources. B$ SeeSI01150.007forinstructionsfordeveloping ]%  spenddownofcash. sv*! x&!  4H+` ` ` hp x (#  X(#H\}*! \} 5.TransfersofInheritances   *!    '"   4B( hp x (#` ` ` X(#B\}*!sv \}Transfersofaninheritanceinthemonthitis (#! receivedisconsideredatransferofaresource. ) %" Although,underthefirstofthemonthrule,an *%&# inheritancewouldnotbecountedtowardthe +@'$ individual'sSSIresourcelimituntilthemonthafter  -[(% _itisreceived,aninheritancemeetsthedefinitionof  aresourcethemomentafteritisreceived.As  definedinSI01110.100B.,resourcesarecashorany 6 otherpropertythatanindividualownsandcould Q converttocashtobeusedforhis/hersupportand  l maintenance.SeeSI01120.215foradiscussionof 7  inheritancesandunprobatedestates. sv*! R   4H+` ` ` hp x (#  X(#H\}*! \} 6.QuestionableOwnership   *!    m   4B( hp x (#` ` ` X(#B\}*!sv \}Anindividualmayallegenotbeingtheownerofa y  resourcethatisinhisorhername.Iftheindividual   "takeshis/hernameoff"theresource,itisnecessary   todevelopwhetherthiswasaresourcetransfer.   Whendevelopingthetransfer,followthegeneral 5  rulethatiftheresourcewouldhavebeencountable P  underSSIresourcecountingrules,then"takingthe k nameoff"theresourcewouldbearesourcetransfer. 6 However,seeSI01120.010forthefactorsthatmake Q propertyaresourceandSI01120.020for l transactionsthatinvolveagentsiftheindividual  allegesnotowningtheresource. sv*!   4K.` hp x (#  X(#K\}*! \} C.POLICY"EFFECTOFTRANSFERSONSSIANDMEDICAID   ELIGIBILITY   *!      E.444` hp x (#X(#E\}*!sv \}TheeffectoftransfersonSSIandMedicaideligibilityhas % changedseveraltimesduetochangesinthelaw. sv*! @ \}*! \} 1.ResourceTransfersBetween3/1/81and6/30/88   *!     [  4E( hp x (#444` X(#E\}*!sv \}Duringthisperiod,transferringaresourceforless  g thanfairmarketvaluecouldresultinSSI 2! ineligibilityforupto24months.Effective4/1/88, M" P.L.100203authorizedSSAtowaiveapplicationof h# thepenaltyformonthsinwhichitwouldcause $ unduehardship. sv*! %   4H+` ` ` hp x (#  X(#H\}*! \} 2.ResourceTransfersBetween7/1/88and12/13/99   *!    & "  4B( hp x (#` ` ` X(#B\}*!sv \}PublicLaw100360eliminatedtheSSIpenaltyfor '#  resourcestransferredonorafter7/1/88.Therefore, (0$! thereisnotransferpenaltyforresourcestransferred )K%" between7/1/88and12/13/99.However,thislaw +f&# establishedarequirementforSSAtoinform 1,'$ applicantsandrecipientsthatatransferof L-(% resourcesforlessthanfairmarketvaluemayaffect  Medicaideligibility.Italsoestablisheda  requirementforSSAtonotifyStateMedicaid 6 agenciesabouttransfersofresources.SeeSI Q 01150.100forinstructionsforprocessingtransfers  l madebefore12/14/99. sv*! 7   4H+` ` ` hp x (#  X(#H\}*! \} 3.ResourceTransfersOnorAfter12/14/99   *!    R   4B( hp x (#` ` ` X(#B\}*!sv \}PublicLaw106169(FosterCareIndependenceAct ^  of1999)establishedaperiodofSSIineligibilityof y  upto36monthsforanindividualwhotransfers   resourcesforlessthanfairmarketvalue.This   provisioniseffectivefortransfersmadeonorafter   12/14/99.SSAisstillrequiredtonotifyapplicants 5  andrecipientsaboutthepotentialeffectofresource P  transfersonMedicaideligibility.AndSSAisstill k requiredtonotifyStateMedicaidagenciesabout 6 transfersofresources.SeeSI01150.110for Q instructionsforprocessingtransfersmadeonor l after12/14/99. sv*!   4K.` hp x (#  X(#K\}*! \} D.POLICY"WHENTRANSFERSMUSTBEDEVELOPED   *!      E.444` hp x (#X(#E\}*! \} 1.InitialClaims   *!      4E( hp x (#444` X(#E\}*!sv \}ItisnecessarytoaskeverySSIapplicantwhether   anyresourcesweretransferredsincethelookback % datewhichis36monthsbeforethedateoffilingfor @ SSI.Ifresourcesweretransferredsincethelook  [ backdate,itisnecessarytodevelopthetransferto & v determinetheeffectonSSIeligibility.SeeSI A! 01150.110C.foradiscussionofthelookbackdate. \" And,SSAisrequiredtoforwardinformationabout w# thetransferredresourcetotheStateMedicaid $ agencyunlesstheSSIclaimisbeingdenied.SeeSI %  01150.012forinstructionsaboutnotifyingtheState &" Medicaidagency. sv*! '3#   4H+` ` ` hp x (#  X(#H\}*! \} 2.Posteligibility   *!    (N$!  4B( hp x (#` ` ` X(#B\}*!sv \}WhenredeterminingSSIeligibility,itisnecessary  *Z%" toaskwhetheranyresourcesweretransferredsince %+u&# thelastreview(i.e.,thedatetheclaimwasfiled,the @,'$ dateofthePERCorthepreviousredetermination). [-(% Inposteligibility,wedevelopanytransferthat  occurswhiletheindividualiseligibleforSSI.  Absentevidencetothecontrary,weassumethata 6 transfermadepriortothelastreviewhasalready Q beendeveloped.However,ifanundevelopedtransfer  l isuncoveredthatoccurredpriortothelastreview,it 7  mustbedeveloped.Developmentofsuchatransfer R  isnotlimitedtothedateofthelastreview. m  However,applyingtheperiodofineligibilityis   limitedundertherulesofadministrativefinality   unlessthereisadeterminationoffraud(SI   04070.020)orsimilarfault(SI04070.025).Also,see )  SI01150.110C.foranexampleofaposteligibility D  transferandtheeffectofadministrativefinality. sv*! _  \}*!sv \} REMINDER :Previouslyundisclosedresourcesmay *z effectSSIeligibilitypriortothetransfer(i.e.,the E individualmayhavehadexcessresourcespriorto ` thetransfer). sv*! {  4K.` hp x (#  X(#K\}*! \} E.PROCEDURE"DOCUMENTINGDATEANDVALIDITYOF  TRANSFER   *!      E.444` hp x (#X(#E\}*!sv \}Itisalwaysnecessarytodeterminewhetheranallegedtransfer  ofaresourcewasavalidtransfer.Ifthetransferisnotvalid,  theresourceisstillownedbytheindividual. sv*! 4 \}*! \} 1.ObtainSignedStatement   *!    O  4E( hp x (#444` X(#E\}*!sv \}Obtaintheindividual'ssignedstatementthat  [ explains: sv*! & v \}*! )\} \} )Thenatureofthetransfer(sold,givenaway,traded,etc.);*!\} A! \}*! )\} \} )Themethodoftransfer(soldonopenmarket,transferred ^" withoutcompensation,etc.);*!\} {# \}*! )\} \} )Thedateofthetransfer;*!\} $ \}*! )\} \} )Adescriptionofthetransferredresource;*!\} %  \}*! )\} \} )Theamountofcashtransferredorthecurrentmarketvalue &" (CMV)ofthetransferredresource;*!\} '.#  \}*! )\} \} )Theamountandtypeofcompensationreceived;*!\} (:$! \}*! )\} \} )Anyremainingownershipinterest.*!\} *W%"  4H+` ` ` hp x (#  X(#H\}*! \} 2.ObtainEvidence   *!    $+t&#  4B( hp x (#` ` ` X(#B\}*!sv \}Becauseanindividualmaynotbesureoftheexact 0,'$ dateofthetransfer,verifythedateandvalidityofa K-(% transferthatisallegedtohaveoccurredon12/1/99  orlater.Toverify,obtaincopiesofavailable  evidenceofthetransactionsuchas: sv*! 6 \}*! )\} \} )Billsofsale;*!\} Q \}*! )\} \} )Receiptsforprepaymentofrent;*!\}  n \}*! )\} \} )Signedstatementbythepersontowhomthepropertywas ;  transferred;*!\} X  \}*! )\} \} )Asignedstatementbythetransferor,iftheevidenceabove d  cannotbeobtainedandthesalewasontheopenmarket(not   toarelative).*!\}   \}*!sv \}Fortransfersallegedtohaveoccurred prior to   12/1/99,verifyonlyiftheindividual'sallegationis   questionableortheindividualcannotrememberthe   dateofthetransfer. sv*! :   4H+` ` ` hp x (#  X(#H\}*! \} 3.DocumenttheDetermination   *!    U  4B( hp x (#` ` ` X(#B\}*!sv \}Documentthefilewithyourdetermination a concerningthedateandvalidityofthetransfer. sv*! ,| \}*! \} a.MSSICS   *!    G   4?" p x (#  X(#?\}*!sv \}Forinitialclaimsandredeterminations S doneonMSSICS: sv*! n \}*! )\} \} )Documentthetransferinformationby  answering" yes" totheresourcetransfer  questionontheRMENscreenandcompleting  theRGIVscreen(MSOM125D).*!\}  \}*! )\} \} )DocumentyourdeterminationontheRGIV  RemarksscreenorDROCscreenastowhether 7 thetransferwasvalid.Forexample:"Valid  C Transferof$8,000Cashon3/5/00."*!\} !O  ` B% hp x (#X(#B\}*!sv \} NOTE :TheMSSICSdeferredclaimpathtreats  #[ theresourcetransferquestionasoptional. &$v However,thisquestionmustbeansweredwhen A%  takingadeferredclaim. sv*! \&! \}*! \} b.NonMSSICS   *!    w'"  \}*!sv \}Forinitialclaimsdoneonpaperapplications: sv*! (#!   ` <" p x (#X(#<\}*! )\} \} )Documentthetransferusingthetransferof )$" resourcesquestionontheSSA8000BK.Be * &# suretoaskwhetheranytransfersoccurredin +'$  the36monthspriortothefilingdate.*!\} ,#(% \}*! )\} \} )Documentyourdeterminationastowhether   thetransferwasvalidusingaReportofContact  (SSA5002).*!\} )   9DDDp x (#X(#9\}*!sv \}Forredeterminationsdoneon 5 paperforms: sv*!  P  < p x (#DDDpX(#<\}*! )\} \} )Documentthetransferintheremarks  k sectionoftheredeterminationform.*!\} 8  \}*! )\} \} )Documentyourdeterminationasto D  whetherthetransferwasvalidusinga a  ReportofContact(SSA5002).*!\} m  \}*!sv \} NOTE :Atthetimetheseinstructions y  werewritten,theresourcetransfer   questionsonMSSICSandonpaper   formsreferonlytotheindividualand   spouse.Untilthequestionsare 5 revised,itwillbenecessarytoask P aboutresourcetransfersmadebyaco k owneroftheresource. sv*! 6  E+` ` ` hp x (#X(#E\}*! \} 4.NextSteps   *!    Q  4B( hp x (#` ` ` X(#B\}*!sv \}Afterdeterminingthatavalidtransferhasoccurred, ] choosetheappropriatenextstep. sv*! x \}*! )\} \} ) TransferBefore12/14/99 :FollowtheinstructionsinSI  01150.100forprocessingthecase.*!\}  \}*! )\} \} ) TransferOnorAfter12/14/99 :Followtheinstructionsin   SI01150.005todeterminewhethertheindividualreceived ) fairmarketvalueforthetransferredresource.*!\} 5 \}*!sv \} NOTE :Forasummaryofalloftheproceduresfor  A processingresourcetransfercases,seeSI01150.003.  "\  sv*! 4K.` hp x (#  X(#K\}*! \} F.REFERENCES   *!    #6  E.444` hp x (#X(#E\}*!sv \}Firstofthemonthrule,SI01110.600 sv*! $B  \}*!sv \}Factorsthatmakepropertyaresource,SI01120.010 sv*!  &]! \}*!sv \}Transactionsthatinvolveagents,SI01120.020 sv*! ('x"  \}*!sv \}Fairmarketvalue,SI01150.005 sv*! C(#! \}*!sv \}Spenddownofcash,SI01150.007 sv*! ^)$" \}*!sv \}Resourcetransfersbefore12/14/99,SI01150.100 sv*! y*%# \}*!sv \}Resourcetransfersonorafter12/14/99,SI01150.110 sv*! +&$  \}*!sv \}Administrativefinality,SI04070.001 sv*! ,'% \}*!sv \}Fraud,SI04070.020 sv*!   \}*!sv \}Similarfault,SI04070.025 sv*!  \}*!sv \}MSSICSRGIVscreen,MSOM125D sv*! 6  K.` hp x (#444` X(#KF*!  F 01150.003SummaryofProceduresforProcessing Q ResourceTransfers    *!    Z   E.444` hp x (#X(#E\}*!sv \}Thissectionprovidesasummaryoftheproceduresthatmust   befollowedtoprocessresourcetransfers. sv*!    K.` hp x (#444` X(#K\}*! \} A.PROCEDURES"SUMMARY   *!     9  E.444` hp x (#X(#E\}*! \} 1.Interviewing   *!     E   4E( hp x (#444` X(#E\}*!sv \}Ininitialclaimsalwaysaskwhethertheindividual Q  transferredaresourcesincethelookbackdate.In l  posteligibility,askwhethertheindividual 7  transferredaresourcesincethelastreview(SI R  01150.110C.). sv*! m  \}*!sv \} NOTE :TheresourcetransferquestionsonMSSICS  andonpaperformsreferonlytotheindividualand  spouse.Untiltheyarerevised,itwillbenecessaryto  askabouttransfersmadebyacoownerofthe ) resource. sv*! D  4H+` ` ` hp x (#  X(#H\}*! \} 2.DetermineWhethertheTransferisValid   *!    _  4B( hp x (#` ` ` X(#B\}*! )\} \} )Iftheindividualallegesatransfer,determinewhetherthe k transferisvalidanddocumentthefile(SI01150.001B.).*!\} 8 \}*! )\} \} )Ifthetransferisvalid,donotcountthetransferreditemas D aresourcebeginningwiththemonthfollowingthetransfer a (SI01150.001B.).*!\} m \}*! )\} \} )Ifthetransferoccurredbefore12/14/99,gotoSI y  01150.100toprocessthecase.Transfersbefore12/14/99do ! notaffectSSIeligibilitywhethertheindividualreceivedfair " marketvalueornot.*!\} # \}*! )\} \} )Ifthetransferoccurredonorafter12/14/99,itmayresult $  inaperiodofineligibilityforSSI.Developwhetherthe %'! individualreceivedfairmarketvalueforthetransferred &3" resource(SI01150.005).*!\} '?#   4H+` ` ` hp x (#  X(#H\}*! \} 3.DetermineWhethertheIndividualReceivedFairMarket (K$! Value   *!    *W%"  4B( hp x (#` ` ` X(#B\}*! )\} \} )Iftheindividualreceivedfairmarketvalueforthe +c&# transferredresource,theperiodofineligibilitydoesnot 0,'$ apply.Documentthedeterminationandprocessthecase <-(% normally.*!\}  \}*! )\} \} )Iftheindividualdidnotreceivefairmarketvalueforthe   transferredresource,documentthisdetermination.The ) periodofineligibilitymayapply.*!\} 5  4H+` ` ` hp x (#  X(#H\}*! \} 4.DetermineWhetheraTransferExceptionApplies   *!    A  4B( hp x (#` ` ` X(#B\}*! )\} \} )Considerwhetherthetransfermeetsoneoftheexceptions  M describedinSI01150.121SI001150.125.*!\}  j \}*! )\} \} )Usetheinterviewer'sguideinSI01150.127todiscussthe & v exceptionswiththeindividual.*!\} C  \}*! )\} \} )Ifoneoftheseexceptionsapplies,theperiodof O  ineligibilitydoesnotapply.Documentyourdetermination l  thatanexceptionappliesandprocessthecasenormally(SI x  01150.120D.).*!\}   \}*! )\} \} )Ifnoneoftheseexceptionsapply,documentthefilewith   yourdetermination.*!\}  \}*! )\} \} )Thenextstepistocomputetheperiodofineligibility.*!\}    4H+` ` ` hp x (#  X(#H\}*! \} 5.ComputethePeriodofIneligibility   *!    &  4B( hp x (#` ` ` X(#B\}*! )\} \} )FollowtheinstructionsinSI01150.111tocomputethe 2 periodofineligibility.*!\} O \}*! )\} \} )Determinewhichmonthsareintheperiodofineligibility.*!\}  [ \}*! )\} \} )Thenextstepistodeterminewhethertheindividualcanbe (x paidSSIbasedonunduehardship.*!\} E  4H+` ` ` hp x (#  X(#H\}*! \} 6.DetermineWhethertheUndueHardshipException Q Applies   *!    ]  4B( hp x (#` ` ` X(#B\}*! )\} \} )Developunduehardshiponlyafterdeterminingthatthe i individualdoesnotmeetoneoftheotherexceptionsand  aftercomputingtheperiodofineligibility.*!\}   \}*! )\} \} )Determinewhethertheindividualcanbepaidbasedon ! unduehardshipforanymonthsoftheperiodofineligibility "  (SI01150.126).*!\} # \}*! )\} \} )Thenextstepistoadjudicatethecase.*!\} $#   4H+` ` ` hp x (#  X(#H\}*! \} 7.AdjudicatetheCase   *!    %@!  4B( hp x (#` ` ` X(#B\}*! )\} \} )FollowtheinstructionsinSI01150.112foraninitialclaim &L"  withaperiodofineligibilitythatneedsadisability (i#! determination.*!\} %)u$" \}*! )\} \} )FollowtheinstructionsinSI01150.113foraninitialclaim 1*%# withaperiodofineligibilitythatdoesnotneedadisability N+&$  determination.*!\} Z,'% \}*! )\} \} )FollowtheinstructionsinSI01150.114fora  posteligibilitycasethathasaperiodofineligibility.*!\}   4K.` hp x (#  X(#K\}*! \} B.PROCEDURE"SUMMARYOFDOCUMENTATION   *!    )  E.444` hp x (#X(#E\}*!sv \}Thedocumentationneededforatransfercasevarieswiththe 5 typeofcase.Butinallcases,thedocumentationshouldcover  P theindividual'sallegationsaboutthetransferandthe  k adjudicator'sdeterminations. sv*! 6  \}*! \} 1.DocumenttheIndividual'sAllegationsabouttheTransfer   *!    Q   4E( hp x (#444` X(#E\}*!sv \}Documentasfollows: sv*! ]  \}*! )\} \} )InMSSICS,usetheRGIVscreentodocumentthe x  individual'sallegationofaresourcetransferforbothinitial   claimsandredeterminations.UseRGIVremarksorthe   DROCscreentorecordadditionalinformationifneeded.*!\}   \}*! )\} \} )Forinitialclaimsprocessedonpaper,usetheresource    transferquestionsontheSSA8000BK.Usetheremarks & sectionoranSSA795torecordadditionalinformationif 2 needed.*!\} > \}*! )\} \} )Forredeterminationsprocessedonpaperforms,document J thetransferissueinremarksontheredeterminationformor g onanSSA795untilresourcetransferquestionsareaddedto #s theforms.*!\} /  4H+` ` ` hp x (#  X(#H\}*! \} 2.DocumenttheTransferDetermination   *!    ;  4B( hp x (#` ` ` X(#B\}*!sv \}Indevelopingaresourcetransfer,theadjudicator G willusuallymakedeterminationsaboutseveral b issues.Documentyourdeterminationsasfollows: sv*! } \}*! )\} \} )InMSSICS,usetheRGIVremarksscreenortheDROC  screen(MSOM145I).*!\}   \}*! )\} \} )Forclaimsandredeterminationsprocessedonpaperforms, ! useanSSA5002(ReportofContact)oranSSA553 ". (SpecialDetermination).*!\} #: \}*! )\} \} )Foranytransferthatresultsinaperiodofineligibility,use $F  theSSRRemarksfieldtorecordinformationaboutthe &c! transferontheSSR.Also,inputanMNdiary(SI 'o"  01150.112D.).*!\} +({#! \}*!sv \} ExampleofDocumentationonDROCScreen:  7)$" Ms.Smithallegedaresourcetransferon12/20/99 R*%# andfiledforSSIon12/29/99.Shegavestock m+&$ certificatestoherbrother.ShelivesinaStatewith ,'% nofederallyadministeredStateSupplement.The -(& transferdidnotmeetoneoftheexceptionsinSI  01150.121SI01150.125.Therefore,theCR  computedaperiodofineligibilityandmadean 6 unduehardshipdetermination.TheCRdocumented Q thesedeterminationsontheDROCscreenas  l follows:"TRANSFEROFSTOCKCERTIFICATES 7  ON12/20/99.STOCKSVALUEDAT$3,700.DID R  NOTRECEIVEFAIRMARKETVALUE. m  UNCOMPENSATEDVALUEIS$3,700.DOESNOT   MEETANYOFTHEEXCEPTIONS.PERIODOF   INELIGIBILITYIS7MONTHS($3,7O0DIVIDED   BY$512).PERIODBEGINS1/00.PERIODENDS )  7/00.ISN04FOR12/99.DOESNOTMEET D  UNDUEHARDSHIPREQUIREMENTSFOR01/00 _  2/00.ISELIGIBLEFORSSIPAYMENTS3/005/00 *z BASEDONUNDUEHARDSHIP." sv*! E  4H+` ` ` hp x (#  X(#H\}*!sv \} NOTE :Theaboveexampleisintendedtoillustratehowthe ` CRdocumentsthedeterminationsrequiredforthiscase.Itis { notnecessarytousethisexactlanguage. sv*!   H.` hp x (#` ` ` X(#H\}*! \} C.REFERENCES   *!      E.444` hp x (#X(#E\}*!sv \}Lookbackdate,SI01150.001 sv*!   \}*!sv \}Determiningfairmarketvalue,SI01150.005 sv*! ( \}*!sv \}Transfersbefore12/14/99,SI01150.100 sv*! C \}*!sv \}Transfersonorafter12/14/99,SI01150.110 sv*! ^ \}*!sv \}Computingtheperiodofineligibility,SI01150.111 sv*! )y \}*!sv \}Systemsinputsfortransfersofresources,SI01150.112 sv*! D  \}*!sv \}Exceptionstotheperiodofineligibility,SI01150.120 sv*! _! \}*!sv \}Unduehardship,SI01150.126 sv*! z" \}*!sv \}Interviewer'sguidetoexceptions,SI01150.127 sv*! # \}*!sv \}MSSICSDROCscreen,MSOM145I sv*! $     K.` hp x (#444` X(#KF*!  F TRANSFERSDETERMININGFAIRMARKETVALUE    *!    %! F*!  F 01150.005DeterminingFairMarketValue    *!   Ԁ $'t"   \}*! \} A.INTRODUCTION   *!    }(#   E.444` hp x (#X(#E\}*!sv \}Thissectionprovidesinstructionsfordeterminingwhetheran )$! individualreceivedfairmarketvalue(FMV)foraresource *%" transferredonorafter12/14/99.Ifanindividualtransfersa +'# resourceforlessthanFMVonorafter12/14/99,he/shemaybe ,*($ subjecttoaperiodofineligibilityforSSI.Iftheindividual  receivedFMVforthetransferredresource,theperiodof  ineligibilitydoesnotapply.ItisnotnecessarytomakeFMV 6 determinationsforresourcestransferredbefore12/14/99. sv*! Q  K.` hp x (#444` X(#K\}*! \} B.DEFINITIONS   *!     l  E.444` hp x (#X(#E\}*!sv \}Thefollowingdefinitionsapplyforpurposesofdetermining ( x whetheranindividualhasreceivedFMVinexchangefora C  transferredresource. sv*! ^  \}*! \} 1.FairMarketValue   *!    y   4E( hp x (#444` X(#E\}*!sv \}FMVisthecurrentmarketvalue(CMV)ofa   resourceatthetimetheresourceistransferred.The   CMVofaresourceisthegoingpriceforwhichitcan   bereasonablyexpectedtosellontheopenmarketin &  thegeographicareainvolved. sv*! A   4H+` ` ` hp x (#  X(#H\}*! \} 2.Compensation   *!     \  4B( hp x (#` ` ` X(#B\}*!sv \}Compensationisthecashorothervaluable h considerationprovidedinexchangefortheresource. 3 Compensationcanincluderealorpersonalproperty N receivedbytheindividualinexchangeforthe i resource.Compensationalsomayincludeinkind  supportandmaintenanceorservicestobeprovided  totheindividualbecauseofthetransfer.   Compensationalsomayincludeassumptionofthe % transferor'slegaldebt. sv*! @  4H+` ` ` hp x (#  X(#H\}*! \} 3.UncompensatedValue   *!     [  4B( hp x (#` ` ` X(#B\}*!sv \}Uncompensatedvalue(UV)isthedifference  g betweentheCMVofaresourceandtheamountof 2! compensationreceivedbytheindividualinexchange M" fortheresource. sv*! h#  4H+` ` ` hp x (#  X(#H\}*! \} 4.UncompensatedValueforJointlyOwnedResource   *!    $  4B( hp x (#` ` ` X(#B\}*!sv \}TheUVofajointlyownedresourceisthedifference %  betweentheCMVofthetransferor'sinterestinthe &! resourceandtheamountofcompensationreceived '#  bythetransferor. sv*! (0$!  4K.` hp x (#  X(#K\}*! \} C.POLICY"COMPENSATION   *!    )K%"  E.444` hp x (#X(#E\}*!sv \}Thefollowingpoliciesareusedwhendeterminingtheamount +W&# ofcompensationanindividualreceivesinexchangefora ",r'$ transferredresource. sv*! =-(% \}*! \} 1.TheAgreementSetsAmount   *!      4E( hp x (#444` X(#E\}*!sv \}Thevalueofcompensationreceivedisbasedonthe   agreementandexpectationsatthetimeoftransfer ' orcontractforsale,ifearlier. sv*! B \}*!sv \} Example1 :Apurchaseragreedtopayaneligible  ] individual$10,000in10installmentsof$1,000each, ( x buthasthusfarpaidonly$7,000.Thecompensation C  is$10,000. sv*! ^  \}*!sv \} Example2 :Apurchaseragreedtoprovidenursing y  servicesvaluedat$3,000,buttodatehasnot   providedanyoftheservices.Thecompensationis   $3,000. sv*!    4H+` ` ` hp x (#  X(#H\}*! \} 2.DateCompensationReceived   *!    5   4B( hp x (#` ` ` X(#B\}*!sv \}Atransferorreceivescompensationwhenhe/she A  receivessomethingofvaluepursuanttoalegally  \ bindingagreement(e.g.,acontract,abillofsale,a 'w deed)thatwasineffectatthetimeoftransfer.The B transferormayactuallyreceivethecompensation ] before,at,oraftertheactualtimeoftransfer. sv*! x  4H+` ` ` hp x (#  X(#H\}*! \} 3.ValueofNoncashCompensation   *!      4B( hp x (#` ` ` X(#B\}*! \} a.GeneralRule   *!       4?" p x (#  X(#?\}*!sv \}Wevaluenoncashcompensationatits  CMVatthetimeoftransferorcontract  forsale,whicheverisearlier.Thevalue 1 ofcompensationisthegrossvaluepaid L ortobepaid.Expensesattributedtothe  g saledonotreducethevalueofthe 2! compensation. sv*! M"  ` B% hp x (#X(#B\}*! \} b.InkindSupportandMaintenance(ISM)   *!    h#   ` <" p x (#X(#<\}*!sv \}Wevaluecompensationreceivedinthe t$ formofISMatitsfullCMV(monthlyor %  annuallydependingupontheagreement) &! multipliedbythelengthoftimeforwhich '#  itistobeprovidedundertheagreement. (0$! Thevalueofthecompensationisnot )K%" cappedatthevalueoftheonethird +f&# reduction(VTR)orpresumedmaximum 1,'$ value(PMV). sv*! L-(%  ` B% hp x (#X(#B\}*!sv \} Example :Mr.Thomastransfers$30,000cashto  hissisterbasedonawrittencontractthatshe  wouldprovidehimwithfoodandshelterfor5 6 years.Thesistervaluesthefoodandshelterat Q $500permonth.TheCRdevelopsMr.Thomas'  l livingarrangementsanddeterminesthathehas 7  aflatfeearrangementwithhissisterandis R  requiredtopay$500permonth.Thefoodand m  shelterfor5yearsisworth$30,000(5yearsx   $6,000peryear).Therefore,Mr.Thomasreceived   FMVforthe$30,000hetransferred.ISMisnot   countedbecausetheMr.Thomashasprepaidfor )  hisfoodandshelterwiththe$30,000he D  transferred(SI00835.480D.). sv*! _  \}*!sv \} NOTE :Usingthesamefactsasinthepreceding *z example,assumethattheCRisconductinga E redetermination2yearslaterandthesister ` providingtheISMallegesthatthevalueofthe { foodandsheltersheprovideshasincreasedto  $650permonth.SinceMr.Thomasenteredinto  anagreementthatthe$30,000coveredhisfood  andshelterfor5years,donotreopenthe 7 LA/ISMdeterminationduetobreakpointsthat R mayoccurinthathouseholdsuchasanincreased m flatfeecharge.Assumethattheindividualisnot 8 gettingISMforthedurationofthe5yearsunless S  theindividualmovesfromthathouseholdtoa n! newresidence. sv*! " \}*! \} c.Services   *!    #   ` <" p x (#X(#<\}*!sv \}Wedeterminethevalueofservices $  providedtothetransferorbasedonthe %! CMVoftheservices(monthlyor &6" annually)andtheirfrequencyand (Q#  durationundertheagreement. sv*! )l$! \}*!sv \} Example :Inexchangefor$9,000cash, 7*%" theindividualcontractsforyard R+&# maintenanceservicesfor5years.The m,'$ maintenancecompanycharges$150per -(% month($1,800peryear).Fiveyearsof  maintenanceat$1,800peryearequals  $9,000. sv*! 6  ` B% hp x (#X(#B\}*! \} d.AssumptionofaLegalDebt   *!    Q   ` <" p x (#X(#<\}*!sv \}Wevaluecompensationintheformof  ] assumptionofthetransferor'slegaldebt ( x attheoutstandingprincipalamount. C  Interestpaymentsarenotcompensation. sv*! ^  \}*!sv \} Example :Theindividualhadownership y  interestinapieceofrealpropertywitha   currentmarketvalueof$12,000.The   individualhadequityof$2,000andowed   $10,000.Theindividualallegesthathe 5  couldnotkeepupthepaymentsand P  transferredtitletothepropertytohis k brotherinexchangeforhisbrother 6 assumingresponsibilityforthereal Q estatecontract.Thevalueofthe l compensationreceivedis$10,000which  istheamountoftheoutstandingdebt.  Theuncompensatedvalueis$2,000"the   differencebetweentheCMVandthe ( outstandingdebt.(SeeSI01150.005D.5.) sv*! C   H+` ` ` hp x (#X(#H\}*! \} 4.IndividualIntendedtoGetFairMarketValue   *!    ^  4B( hp x (#` ` ` X(#B\}*! \} a.ResourceisSold   *!    j   4?" p x (#  X(#?\}*!sv \}Whentheindividualattemptstosella & v resourceontheopenmarket,generally A! he/sheoffersitataparticularprice. \" Whenthesaleismade,theindividual w# mayacceptcompensationthatislower $ thantheoriginalaskingprice.Ifthe %  propertywassoldontheopenmarket, &" thisdifferencebetweentheaskingprice '3#  andthesalepriceisnotuncompensated (N$! value.Thepricepaidontheopenmarket *i%" establishestheCMVforthatitem.Ifthe 4+&# propertywassoldontheopenmarket, O,'$ assumethattheindividualreceived j-(% FMV.However,ifthepropertywasnot  soldontheopenmarket(e.g.,itwassold  toarelative)seeSI01150.005D.6. sv*! 6  ` B% hp x (#X(#B\}*! \} b.ResourceisnotSold   *!    Q   ` <" p x (#X(#<\}*!sv \}Ifanindividualgaveawayaresource  ] becausehe/shewasunabletosellitat ( x theestimatedCMV,itmayindicatethat C  theaskingpricewastoohigh,butthe ^  resourcestillhasavalue.However,in y  rarecasestheresourcemayhaveno   value.Althoughitwouldstillbe   consideredaresourceevenifithasno   value,transferringaresourcewithno 5  valuedoesnotresultinany P  uncompensatedvalue.SeeSI01140.044 k todeveloptheissueofresourceswithno 6 value.Iftheindividualstillownsthe Q resourceandallegesnotbeingabletosell l it,informtheindividualabout  conditionalbenefits(SI01150.200). sv*!    K.` hp x (#X(#K\}*! \} D.PROCEDURE"DOCUMENTINGTHEVALUEOFCOMPENSATION   *!       E.444` hp x (#X(#E\}*!sv \}Usethefollowingprocedurestodocumentthevalueofthe  compensationtheindividualreceivesforthetransferred 4 resource. sv*! O \}*! \} 1.Cash   *!    j  4E( hp x (#444` X(#E\}*!sv \}Obtainevidencethatverifiestheamountofthecash & v receivedinexchangeforthetransferredresource A! (e.g.,billofsale,contract,receipts,etc.).Ifsuch \" evidenceisnotavailable,obtainsignedstatements w# fromtheeligibleindividualandthepersontowhom $ thepropertywastransferredtoestablishthe %  amountofcashcompensationreceivedortobe &" received. sv*! '3#   4H+` ` ` hp x (#  X(#H\}*! \} 2.NoncashProperty   *!    (N$!  4B( hp x (#` ` ` X(#B\}*!sv \}Developthevalueofnoncashcompensation  *Z%" accordingtotheinstructionsfordeterminingCMV %+u&# inSI01140.100D.DocumenttheCMVestimatewith @,'$ aReportofContactorasignedstatement. sv*! [-(%  4H+` ` ` hp x (#  X(#H\}*! \} 3.ISM   *!      4B( hp x (#` ` ` X(#B\}*! \} a.General   *!        4?" p x (#  X(#?\}*!sv \}FollowtheinstructionsinSI00835.001  ff.todeterminethevalueofthe 3 compensationtheindividualreceivesin N theformofISM.Usetheactualvalueof  i theISM(SI00835.020B.1.).Donotuse 4  thevalueoftheonethirdreduction O  (VTR)orthepresumedmaximumvalue j  (PMV)tosetthevalueofthe   compensation. sv*!    ` B% hp x (#X(#B\}*! \} b.ObtainStatementFromISMProvider   *!        ` <" p x (#X(#<\}*!sv \}Obtainasignedstatementfromthe   personprovidingtheISMtoverifythat 2  theISMisbeingprovidedinexchangefor M thetransferredresource.OnMSSICS, h usetheDPSTscreen.Onpaper,usean 3 SSA795ortheSSA8011F3ifusedto N documenttheISMdetermination. sv*! i  ` B% hp x (#X(#B\}*! \} c.ISMforLife   *!       ` <" p x (#X(#<\}*!sv \}Iftheagreementisthatthereceiverof  thepropertywillprovideISMforthelife  oftheeligibleindividual,usethetablein  SI01150.005F.todeterminethetotal 1 value.MultiplytheyearlyCMVofthe L ISMbeingprovidedbythefigureinthe  g "YearsofLifeRemaining"columnwhich 2! correspondstotheage(ornextlowerage) M" oftheeligibleindividualasofthelast h# birthdayatthetimetheresourcewas $ transferred. sv*! %  \}*!sv \} Example1 :ValeriePaynetransferred & " nonhomerealpropertyvaluedat '$#  $185,000tohersister.Ascompensation, (?$! hersisteragreedtoprovideMs.Payne  *Z%" withroomandboardinthesister'shome %+u&# fortherestofMs.Payne'slife.ISM @,'$ developmentshowedthathersister's [-(% totalhouseholdexpenseswere$1,500per  month.Thehouseholdconsistedof3  persons,includingMs.Paynewhowas 6 age53atthetimeofthetransfer.The Q CMVoftheISMwas$6,000peryear  l ($1,500/3=$500permonthX12months 7  =$6,000).Then,$6,000X31.61(average R  yearsofliferemainingatage50)= m  $189,660compensation.Inthiscase,Ms.   PaynereceivedFMVforthetransferred   resource.ISMisnotcountedbecausethe   individualprepaidforherownfoodand )  shelterwiththevalueofthehomeshe D  transferred(SI00835.480D.) sv*! _  \}*!sv \} Example2 :Assumethesamecasefacts *z asexample1exceptthatMs.Payneis80 E yearsoldatthetimeofthetransfer.As ` inexample1theISMisworth$6,000per { year.At80yearsofagethelife  expectancytableindicates7.16years.  Multiplying7.16yearstimes$6,000  resultsincompensationof$42,960.In 7 thiscasethereisuncompensatedvalueof R $142,040($185,000minus$42,960). m Therefore,Ms.Paynewouldbesubjectto 8 aperiodofineligibilityforSSIbecause S  shetransferredthehouseforlessthan n! fairmarketvalue. sv*! "   H+` ` ` hp x (#X(#H\}*! \} 4.Services   *!    #  4B( hp x (#` ` ` X(#B\}*! \} a.VerifyCMVWithKnowledgeableSource   *!    $    4?" p x (#  X(#?\}*!sv \}Contactatleastonelocalknowledgeable % ! sourceinadditiontotheproviderto &'" verifytheCMVoftheservicesifthe 'B#  serviceswerenotpurchasedontheopen  )]$! market(SI01150.005D.6.).Document (*x%" yourdeterminationoftheCMVofthe C+&# servicesusingeithertheRemarksfield ^,'$ ontheRGIVscreen,theDROCscreenon y-(% MSSICS,oranSSA5002(Reportof  Contact). sv*!   ` B% hp x (#X(#B\}*! \} b.DocumenttheAgreementforServices   *!    6   ` <" p x (#X(#<\}*!sv \}Verifytheagreementtoprovideservices B bygettingacopyoftheservicescontract  ] orasignedstatementfromtheperson ( x gettingthetransferredresourcethat C  showsthetype,frequency,andduration ^  oftheservicestobeprovided.Ifthe y  agreementdoesnotspecifythe   frequency,butratherthattheservices   aretobeprovidedonan"asneeded"   basis,thestatementmustincludehis/her 5  expectationsastothefrequencyofthe P  servicesandthebasisforthe k expectation. sv*! 6 \}*!sv \} Example"CompensationReceived Q asServices :RoyLindentransferred l livestockvaluedat$2,000tohis  neighbor.Ascompensation,theneighbor  agreedtoputanewroofonMr.Linden's   home.Theclaimsrepresentative ( contactedalocalroofingcontractorand C foundthatthecostofanewroofwouldbe ^ about$2,100.Thecompensationreceived )y byMr.Lindenwasvaluedat$2,100. D  Therefore,theclaimsrepresentative _! determinesthatMr.Lindenreceived z" FMVforhislivestock. sv*! # \}*!sv \} NOTE :Thefactthatthenewroof'svalue $  ($2,100)exceededthevalueofthe %! livestock($2,000)doesnotresultin &6" incometoMr.LindenforSSIpurposes. (Q#  (SI00815.200) sv*! )l$!  ` B% hp x (#X(#B\}*! \} c.ServicesforLife   *!    7*%"   ` <" p x (#X(#<\}*!sv \}Iftheservicesaretobeprovidedforthe C+&# lifeoftheclaimant,firstdeterminethe ^,'$ yearlyvalueoftheservices,andusethe y-(% lifeexpectancytableinSI01150.005F.to  determinethevalueofcompensationfor  servicesforlife. sv*! 6   H+` ` ` hp x (#X(#H\}*! \} 5.AssumptionofLegalDebt   *!    Q  4B( hp x (#` ` ` X(#B\}*! )\} \} )DeterminetheCMVofthetransferredresource.*!\}  ] \}*! )\} \} )Obtaindocumentsfromtheindividualtoverifythe * z assumptionofthelegaldebt,theamountofthedebt,and G  thatthepersonpurchasingtheresourcehasassumedthe S  debt.*!\} _  \}*! )\} \} )Contactthelenderiftheindividual'sdocumentsdonot k  verifythisinformation.*!\}   \}*! )\} \} )Determinetheamountofcompensationbycomparingthe   CMVoftheresourcewiththeamountofdebtassumed.The   uncompensatedvalue,ifany,isthedifferencebetweenthe    CMVandtheamountofdebtassumed.*!\}   4H+` ` ` hp x (#  X(#H\}*! \} 6.CMVAllegationisQuestionable   *!    %  4B( hp x (#` ` ` X(#B\}*!sv \}Assume,absentevidencetothecontrary,thatan 1 individualwhosoldaresourceontheopenmarket L receivedFMV.ObtainaCMVestimatefroma g knowledgeablethirdpartyiftheindividualdidnot 2 selltheresourceontheopenmarket(e.g.,toa M relative). sv*! h  4K.` hp x (#  X(#K\}*! \} E.PROCEDURE"DETERMININGWHETHERINDIVIDUALRECEIVED  FAIRMARKETVALUE   *!      E.444` hp x (#X(#E\}*!sv \}Followthesestepstodeterminewhethertheindividual  receivedFMVforthetransferredresource: sv*!  \}*! \} 1.DetermineWhetherTransferisValid   *!     !  4E( hp x (#444` X(#E\}*!sv \}Determinewhetherthetransferisvalidand !- documentthedeterminationperSI01150.001. sv*! "H  4H+` ` ` hp x (#  X(#H\}*! \} 2.DeterminetheCMVoftheTransferredResource   *!    $c  4B( hp x (#` ` ` X(#B\}*!sv \}DeterminetheCMVofthetransferredresourceand %o  documentthedeterminationperSI01150.005C. sv*! :&!  4H+` ` ` hp x (#  X(#H\}*! \} 3.DeterminetheAmountofCompensation   *!    U'"   4B( hp x (#` ` ` X(#B\}*!sv \}Determinetheamountofthecompensationthe a(#! individualreceivedanddocumentthefileperSI |)$" 01150.005C. sv*! *%#  4H+` ` ` hp x (#  X(#H\}*! \} 4.DetermineFMVorUncompensatedValue(UV)   *!    +'$  4B( hp x (#` ` ` X(#B\}*!sv \}DeterminewhethertheindividualreceivedFMVby   comparingtheCMVofthetransferredresourcewith  theamountofcompensation.Iftheamountofthe 6 compensationequalsorexceedstheCMV,the Q individualhasreceivedFMV.Ifthecompensationis  l lessthantheCMV,thedifferenceisthe 7  uncompensatedvalue. sv*! R   4H+` ` ` hp x (#  X(#H\}*! \} 5.DocumenttheDetermination   *!    m   4B( hp x (#` ` ` X(#B\}*!sv \}Documentthefilewiththeadjudicator's y  determination.Forexample,"Validtransferofreal   propertyon3/5/00bysaleonopenmarket.Received   fairmarketvalue."OnMSSICS,recordthisinthe   RemarksfieldonRGIVortheDROCscreen.On 5  nonMSSICScasesuseanSSA5002Reportof P  Contact. sv*! k  4H+` ` ` hp x (#  X(#H\}*! \} 6.NextSteps   *!    6  4B( hp x (#` ` ` X(#B\}*! )\} \} )IftheindividualreceivedFMVforthetransferred B resource,theissueofthetransferisclosedandtheperiodof _ ineligibilitydoesnotapply.Processthecasenormally.*!\} k \}*! )\} \} )Ifuncompensatedvalueexists,furtherdevelopmentis w requiredtodeterminewhetheraperiodofineligibilityfor  SSIisapplicable.GotoSI01150.120todetermineifthe  individualmeetsoneoftheexceptionstotheperiodof  ineligibility.*!\}   4K.` hp x (#  X(#K\}*! \} F.EXHIBIT"LIFEEXPECTANCYTABLE   *!      E.444` hp x (#X(#E\}*!sv \}ThedatainthistablewasdevelopedbySSA'sOfficeofthe   ChiefActuaryfortheYear2000TrusteesReport.Usethistable  ; todeterminethevalueofcompensationofservicesforlifeand "V ISMforlife.Afteryoudeterminetheyearlyvalueofservices(or !#q ISM),multiplyitbythe"yearsofliferemaining"fortheyear <$ correspondingtotheindividual'sageandgender.Iftheexact W%  ageisnotonthechart,usethenextlowerage.Forexample,if r&! anindividualisage47atthetimeoftheresourcetransfer,use '"  thelifeexpectancycorrespondingtoage40onthechart. sv*! (#! *p  dd 4(#4(#p,,_,_,_,_,_+  :')%")% B: K.` hp x (#444` X(#KB  C  \}*!sv \} AGE sv*! ?,!)+%#B" B?\}*!sv \} Yearsof )+%$ Life *F&% Remaining ,a'& MALE sv*! ?,!,-|('B" B?\}*!sv \} Yearsof )+%( Life *F&) Remaining ,a'* FEMALE sv*! ?,!,-|(+B" B?\}*!sv \} AGE sv*! ?,!)+%,B" B?\}*!sv \} Yearsof )+%- Life *F&. Remaining ,a'/ MALE sv*! ?,!,-|(0B" B?\}*!sv \} Yearsof )+%1 Life *F&2 Remaining ,a'3 FEMALE sv*! WD,,-|(4B"    BWK(XK*!0*! ?,!B" B?*!73.26*! ?,!B" B?*!79.26*! ?,!B" B?*!74*! ?,!B" B?*!10.12*! ?,!B" B?*!12.74*! WD,B"    BWK(XK*!10*! ?,!B" B?*!64.03*! ?,!B" B?*!69.93*! ?,! B" B?*!75*! ?,! B" B?*!9.58*! ?,! B" B?*!12.09*! WD, B"    BWK(X K*!20*! ?,!  B" B?*!54.41*! ?,! B" B?*!60.13*! ?,! B" B?*!76*! ?,! B" B?*!9.06*! ?,! B" B?*!11.46*! WD, B"    BWK(XK*!30*! ?,!B" B?*!45.14*! ?,!B" B?*!50.43*! ?,!B" B?*!77*! ?,!B" B?*!8.56*! ?,!B" B?*!10.85*! WD,B"    BWK(XK*!40*! ?,!B" B?*!35.94*! ?,!B" B?*!40.86*! ?,!B" B?*!78*! ?,!B" B?*!8.07*! ?,!B" B?*!10.25*! WD,B"    BWK(X K*!50*! ?,! B" B?*!27.13*! ?,!  B" B?*!31.61*! ?,! !B" B?*!79*! ?,! "B" B?*!7.61*! ?,! #B" B?*!9.67*! WD, $B"    BWK(X K*!60*! ?,! %B" B?*!19.07*! ?,! &B" B?*!22.99*! ?,! 'B" B?*!80*! ?,! (B" B?*!7.16*! ?,! )B" B?*!9.11*! WD, *B"    BWK(X K*!61*! ?,! +B" B?*!18.33*! ?,! ,B" B?*!22.18*! ?,! -B" B?*!81*! ?,! .B" B?*!6.72*! ?,! /B" B?*!8.57*! WD, 0B"    BWK(X  K*!62*! ?,! 1B" B?*!17.60*! ?,! 2B" B?*!21.38*! ?,! 3B" B?*!82*! ?,! 4B" B?*!6.31*! ?,! 5B" B?*!8.04*! WD, 6B"    BWK(X  K*!63*! ?,! 7B" B?*!16.89*! ?,! 8B" B?*!20.60*! ?,! 9B" B?*!83*! ?,! :B" B?*!5.92*! ?,! ;B" B?*!7.54*! WD, <B"    BWK(X K*!64*! ?,! =B" B?*!16.19*! ?,! >B" B?*!19.82*! ?,! ?B" B?*!84*! ?,! @B" B?*!5.55*! ?,! AB" B?*!7.05*! WD, BB"    BWK(X K*!65*! ?,! CB" B?*!15.52*! ?,! DB" B?*!19.06*! ?,! EB" B?*!85*! ?,! FB" B?*!5.20*! ?,! GB" B?*!6.59*! WD, HB"    BWK(X K*!66*! ?,! IB" B?*!14.86*! ?,! JB" B?*!18.31*! ?,! KB" B?*!86*! ?,! LB" B?*!4.86*! ?,! MB" B?*!6.15*! WD, NB"    BWK(Xz K*!67*! ?,!z OB" B?*!14.23*! ?,!z PB" B?*!17.58*! ?,!z QB" B?*!87*! ?,!z RB" B?*!4.55*! ?,!z SB" B?*!5.74*! WD,z TB"    BWK(X