Illinois Administrative Code
Title 89 - SOCIAL SERVICES
Part 682 - ELIGIBILITY
Subpart C - FINANCIAL ELIGIBILITY CRITERIA
Section 682.230 - Assets Held in Joint Ownership
Universal Citation: 89 IL Admin Code ยง 682.230
Current through Register Vol. 48, No. 38, September 20, 2024
a) If an asset is held in joint ownership with a non-spouse, the percentage of the asset owned by the individual shall be used to determine the value of the customer's share.
b) All assets of spouses will be considered joint assets and the value divided equally unless a written legal agreement exists which designates the asset(s) to the other partner. In the case where a legal agreement exists, only the assets shared in common shall be considered.
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