RESOURCE

DO NOT COUNT

COUNT

VERIFICATION

Burial insurance

X

Burial space

X

Cash savings

X

• Bank statement
• Bank/Financial Institution

Checking account

Amount deposited to pay the family's monthly living expenses

Amount not used to cover family's monthly living expenses

• Bank statement
• Bank/Financial Institution

Earned Income Credit

X

Earned Income Credit - Included In the Income Tax Refund

X

Heir property

X

Income Tax Refund

X

Income received from a reverse mortgage

X

Life estate interest

X

Life insurance

Straight term insurance

Cash value of whole life

• Family's statement
• View the policy
• Contact the life insurance company's home/regional office.

Lump Sum

Month of receipt

Balance beginning the month after the month of receipt

See Section 114.

Mobile home used as a home site

X

Motor vehicles

(Refer to III. below.)

One vehicle per adult

Equity value of one Vehicle:

• DMV Inquiry (VEH2)
• Bank/Financial Institution

Payment received from the sale of a resource

X

• Check
• Receipt

Personal effects and household goods

X

Prepaid burial trust

Irrevocable

Revocable - Value over $1,500 per family member

Contact the

• Funeral home, or
• Holder of the burial trust.

Radiation Exposure Compensation

X

Real property

X

Relocation payment

X

Remainder interest

X

Resulting Trust

X

Retirement account funds that cannot be withdrawn

X

Revocable Trust Fund

X

Savings account (current balance) including a Certificate of Deposit and the savings of a student which are used for school expenses

Amount deposited to pay the family's monthly living expenses

Amount not deposited to pay the family's monthly living expenses

• Bank/Financial Institution
• Family budget signed by DSS or Economic Literacy Counselor
• Bills/receipts
• Bank Statement

Stocks, bonds, mutual fund shares

X

• View the document
• Brokerage or investment firm
• County attorney

Trust fund

X