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retained in excess of $2,000 in a calendar year is a nonexempt resource. If an individual receives cash distributions from one or more ANCSA corporations, the combined total amount of those distributions that is retained and that exceeds $2,000 in a calendar year is a nonexempt resource. This $2,000 exemption applies to each individual in an economic unit and to each calendar year. (f) Payments made to or held in trust for a member of an Indian tribe under 25 U.S.C. 117a - 117c, 459 - 459e, 1261, and 1401 - 1407, and purchases made with that money, are exempt resources. (g) Land that is classified as “Native Restricted Deed” and that cannot be sold without approval of the Bureau of Indian Affairs, or land that may not have the same classification but that has substantially similar title restrictions, is an exempt resource. (h) Personal effects and household goods that are essential to day-to-day living are exempt resources. Luxury items that are not essential to daily life are determined to be either exempt or nonexempt resources under (o) of this section. (i) Tools, light machinery, or farm machinery necessary to produce income are exempt resources. (j) Stock and inventory necessary to produce self-employment income, including fish nets, traps, motor vehicles, transferable limited entry fishing permits issued under AS 16.43 (Regulation of Entry into Alaska Commercial Fisheries), and handicrafts on consignment for sale, are exempt resources if they are actually producing gross self-employment income as defined in 7 AAC 45.445, or would be producing income except for temporary factors beyond the applicant’s or recipient’s control. (k) Unless otherwise exempt under this section, real property is an exempt resource if the applicant or recipient is making a good faith effort to sell the property. For purposes of this subsection, the department will consider an applicant or recipient to be making a good faith effort to sell if the property is actually being offered for sale on a continuous basis by being listed with a realtor or, if offered privately, by being advertised in the local newspaper at least once a month. A visible “for sale” sign must be posted on the property. The property must be offered at a price that is not greater than the prices for similar properties in the area. (l) A corrective payment of ATAP benefits is an exempt resource in the month that it is received. (m) A resource placed in trust for a member of an ATAP economic unit is considered an available and nonexempt resource, unless the trust is established by an individual who is not a member of the economic unit and the trust document prohibits distribution for basic living expenses. The department will individually examine all other trusts that pertain to a member of an assistance unit, to determine if the property of the trust, or its income, are exempt resources. For a trust for which the department determines that trust property or trust income is a nonexempt resource, the applicant must provide a copy of the trust document and any related documents necessary to determine the net worth of that trust. If an individual who has the power to terminate or modify the trust agrees to terminate or modify the trust and release the property