Fair Market Value

Medicaid: Personal Services Contract Rejected

Personal Services Contract rejected. Petitioner was admitted to a nursing home in October 2008, where she continued to stay. At…

3 years ago

Medicaid: Transfer Penalty Reversed Where Services Provided Under Agreement

Transfer Penalty Reversed Where Care Services Were Provided Under Agreement. Petitioner was discharged from a nursing home to home in…

3 years ago

Medicaid: Determining Equity Value

When Determining Value, Equity Value is CMV Minus mortgages and Liens. Petition created a revocable living trust in 2006. In…

3 years ago

Fair Market Value: What is it and what happens when property is given away, sold for less than FMV, or cannot be easily sold?

Answering the question, "what is fair market value," depends on the circumstances. For most purposes, the fair market value of…

4 years ago