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Wisconsin Department of Health and Family Services Obsolete Medicaid Eligibility Handbook For the current MEH, see http://www.emhandbooks.wi.gov/meh-ebd/ For the current BC Plus Handbook, see http://www.emhandbooks.wi.gov/bcplus/ |
It is divestment if an institutionalized person signs a promissory note that has one of the following:
A provision that forgives a portion of the principal.
A balloon payment.
Interest payments only, with no principal payments.
An inadequate interest rate (relative to current market rates) at the time the promissory note was signed.
This page last updated in Release Number: 02-01
Release Date:01-01-02
Effective Date:01-01-02