Alaska Administrative Code
Title 7 - Health and Social Services
Part 7 - Medicaid Assistance Eligibility
Chapter 100 - Medicaid Eligibility
Article 11 - Medicaid Treatment of Trusts
7 AAC 100.610 - Qualifying income trust

(1) must consist exclusively of income to the applicant or recipient, including accumulated interest;

(2) must be irrevocable;

(3) may not contain an asset other than income;

(4) must terminate upon a court order or the death of the recipient, whichever is earlier; and

(5) must provide for reimbursement to the state under 7 AAC 100.608.