Scenario 2 Answer

<%@LANGUAGE="JAVASCRIPT" CODEPAGE="65001"%> Scenario 2 Answer

LTC Income Calculation - Family Allocation Calculation - Page 9b

Scenario 2 Answer

Gary may allocate $822 to each of his daughters ($1,644 total).

Greta’s Calculation Steps

Step 1: Greta’s monthly income is $0.

Step 2: The result of subtracting the community spouse minimum monthly income allowance is $2,466.

Step 3: Greta’s family allocation amount is $822. ($2,466 ÷ 3).

Gracie’s Calculation Steps

Step 1: Gracie’s monthly income is $0.

Step 2: The result of subtracting the community spouse minimum monthly income allowance is $2,466.

Step 3: Gracie’s family allocation amount is $822. ($2,466 ÷ 3).

Updated August 18, 2023.
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