Problem: Mary's husband, Bill, is in a nursing home and has applied for Medicaid. Which of the following is not considered a resource for purposes of determining Bill's eligibility for Medicaid? Question 39 options: Assets in a revocable trust. Assets transferred within the 60 months prior to the application for Medicaid. Assets owned by the individual and his spouse. Assets transferred to an irrevocable trust more than 60 months before the date of making an application for Medicaid or entering a nursing home.