Personal property is anything owned by a person that is not land or permanently affixed to land.
Nonexempt personal property includes such items as:
An entrance fee paid to a Continuing Care Retirement or Life Care Community shall be considered an available resource when:
See PM 07-02-06-b for personal items such as clothing, personal effects, and household furnishings.
Use the equity value of nonexempt personal property that a person owns or has an interest in, when figuring initial and ongoing eligibility. Verify the amount to be used.
Proceeds from the sale of personal property are considered a nonexempt resource except for estate bequests and stocks and bonds, which are considered as follows:
Illinois Department of Human ServicesJB Pritzker, Governor · Dulce Quintero, Secretary
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