2340 Uniform Gifts to Minors | Medicaid
Georgia Division of Family and Children Services |
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Policy Title: |
Uniform Gifts to Minors |
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Effective Date: |
April 2020 |
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Chapter: |
2300 |
Policy Number: |
2340 |
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Previous Policy Number(s): |
MT 1 |
Updated or Reviewed in MT: |
MT-59 |
Requirements
If an A/R is the donor of a uniform gift to a minor (UGM), the transfer of resources provision may apply.
If an A/R is the recipient of a UGM, the UGM is not a countable resource until the month after the A/R’s 21st birthday.
Basic Considerations
A UGM involves the following:
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The donor, who makes an irrevocable gift of money or other property (assets) to a minor.
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The recipient, who automatically receives control of the assets upon attainment of majority (age 21).
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The gift, plus any earnings it generates, which is under the control of a custodian until the recipient reaches the age of majority established by state law.
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The custodian, who has full discretion to spend for the minor’s support, maintenance, benefit or education as much of the assets as s/he deems necessary.
Since a custodian of UGM assets cannot legally use any of the funds for his or her own personal benefit, the UGM assets are not a resource to the custodian.
Additions to or earnings on the UGM principal are not income to the custodian since s/he has no right to use them for his/her own support and maintenance. Additions to the principal may be income to the donor prior to becoming part of the UGM principal. |
The custodian’s UGM disbursements to the minor, including third party vendor payments for food, clothing, or shelter, are income to the minor. |
When the recipient reaches majority age, all UGM property becomes subject to evaluation as income in the month of attainment of majority.
Procedures
Verify all allegations of the existence of a UGM by obtaining a copy of the document of ownership, such as a deed, certificate of deposit, savings passbook or other written document from the issuing source (donor) designating a gift under UGM. Unless there is evidence to the contrary, accept any such document as proof of a valid gift.
If there is no document designating a UGM, do not develop further. Deal with the property as if there had been no allegation of a UGM.
Contact the State Medicaid Unit for further assistance.