# 89 Ill. Adm. Code 240.810: Section 240.810 Assets

> Illinois · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T89_P240_S240_810

## Section

- **Citation:** 89 Ill. Adm. Code 240.810
- **Heading:** Section 240.810 Assets
- **Jurisdiction:** Illinois
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Illinois Administrative Code / Title 89 SOCIAL SERVICES / CHAPTER II: DEPARTMENT ON AGING / Part 240 COMMUNITY CARE PROGRAM / Section 240.810 Assets

## Text

Section 240
Section 240.810  Assets
a)         To be eligible to receive CCP services, a participant shall
not own interest in non-exempt assets having a combined value in excess of $17,500,
if:
1)         unmarried; or
2)         married and:
A)        spouse is receiving CCP services;
B)        spouse is in a nursing facility;
C)        spouse does not reside on a permanent basis with, and does not
receive support from or give support to, the participant;
D)        spouse is abandoned; or
E)        spouse is potentially abusing the participant.
EXCEPTION:  A
participant, who is married and the spouse does not receive CCP services, shall
not own interest in non-exempt assets having a total value in excess of the
asset disregard amount allowed by HFS for Medicaid in a pre-paid burial plan or
life insurance policy + burial merchandise. Non-exempt assets having value over
the asset disregard amount up to the amount allowed by the Community Spouse
Asset Allowance, as adopted by HFS at 89 Ill. Adm. Code 120.379(d), must be
transferred to or for the sole benefit of the community spouse.  If the couple
owns assets that exceed the asset disregard and prevention of spousal
impoverishment amounts allowed by statute, the excess (up to the amount of
non-exempt assets allowed after transfer, and/or up to the amount of countable
monthly income allowed after diversion) shall be designated as a spend down, to
be spent before Medicaid enrollment is established.
b)         The value of non-exempt assets shall be considered in
determining eligibility for CCP.
c)         All assets not specifically exempt are non-exempt
xcess (up to the amount of
non-exempt assets allowed after transfer, and/or up to the amount of countable
monthly income allowed after diversion) shall be designated as a spend down, to
be spent before Medicaid enrollment is established.
b)         The value of non-exempt assets shall be considered in
determining eligibility for CCP.
c)         All assets not specifically exempt are non-exempt.
d)         When a participant's non-exempt assets are greater than the
allowable disregard as specified in subsection (a), consideration of non-liquid
assets may be deferred as follows:
1)         real property may be deferred from consideration for six
months;
2)         the participant shall sign an agreement to dispose of the real
property in excess of the allowable disregard within six months after the date
of the agreement; and
3)         the six-month period for disposition may be extended an
additional six months if the participant fails to dispose of the asset (through
no fault of their own) despite reasonable and diligent effort.

## Nearby sections

- [89 Ill. Adm. Code 240.800 Section 240.800  Financial Factors](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T89_P240_S240_800.md)
- [89 Ill. Adm. Code 240.810 Section 240.810  Assets](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T89_P240_S240_810.md)
- [89 Ill. Adm. Code 240.815 Section 240.815  Exempt Assets](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T89_P240_S240_815.md)
- [89 Ill. Adm. Code 240.820 Section 240.820  Asset Transfers](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T89_P240_S240_820.md)
- [89 Ill. Adm. Code 240.825 Section 240.825  Income](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T89_P240_S240_825.md)
- [89 Ill. Adm. Code 240.830 Section 240.830  Unearned Income Exemptions](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T89_P240_S240_830.md)
- [89 Ill. Adm. Code 240.835 Section 240.835  Earned Income](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T89_P240_S240_835.md)
- [89 Ill. Adm. Code 240.840 Section 240.840  Potential Retirement, Disability and Other Benefits](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T89_P240_S240_840.md)
- [89 Ill. Adm. Code 240.845 Section 240.845  Family](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T89_P240_S240_845.md)
- [89 Ill. Adm. Code 240.850 Section 240.850  Monthly Average Income](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T89_P240_S240_850.md)
- [89 Ill. Adm. Code 240.855 Section 240.855  Applicant/Client Expense for Care (Repealed)](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T89_P240_S240_855.md)
- [89 Ill. Adm. Code 240.860 Section 240.860  Change in Income](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T89_P240_S240_860.md)
- [89 Ill. Adm. Code 240.865 Section 240.865  Application For Medical Assistance (Medicaid)](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T89_P240_S240_865.md)
- [89 Ill. Adm. Code 240.870 Section 240.870  Determination of Applicant/Client Monthly Expense for Care (Repealed)](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T89_P240_S240_870.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T89_P240_S240_810. Check the current official text before relying on it. Not legal advice.
