Medicaid Policy                                                                 

417-2 Trust Funds

Effective Date: November 1, 2021

Previous Policy (417-2 was previously found in 403-4.7 until November 1, 2021)

 

Trust Funds:  earnings, interest or dividends.  

 

1.    The earnings or interest received by the trust on trust assets does not count as income when paid into the trust.  

2.    However, some payments from trusts to the individual will count as income.  

·       See Sections 413-4and 512 on trusts to determine whether there is any trust income that must be counted.