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SNAP CERTIFICATION MANUAL – SECTION 4000 4B4500 Inaccessible Resources 21B4510 Irrevocable Trust Funds

4500 Inaccessible Resources

SNAP Manual 07/01/01 Inaccessible resources are resources with a cash value not accessible to the household. Inaccessible resources include the following: 1. Irrevocable trust funds SNAP 4510 2. Property in probate SNAP 4520 3. Real property for sale SNAP 4530 4. Resources of residents of shelter for battered women SNAP 4540 5. Security deposits SNAP 4550 6. Non-liquid resources against which a lien was placed to obtain a business loan SNAP 4560 7. Installment contracts that are not producing any income SNAP 4570 8. Resources unlikely to produce any significant amount of funds if sold SNAP 4580

4510 Irrevocable Trust Funds SNAP Manual 09/01/92 Any funds in or transferred to a trust and the income produced by that trust are considered inaccessible if all of the following conditions exist. 1. The funds held in irrevocable trust are either: a. Established from the household’s own funds and used by the trustee solely to make investments on behalf of the trust or to pay the educational or medical expenses of the beneficiary; or b. Established from non-household funds by a non-household member, and totally unavailable to the household.  NOTE: If the household can petition the court to obtain money from a trust for reasons such as purchasing personal items or paying living expenses, the fund is not considered an irrevocable trust. 2. The trust arrangement will not likely cease during the certification period, and no household member has the power to revoke the trust arrangement or to change the name of the beneficiary. 3. The trustee administering the funds is a: a. Court, institution, corporation, or organization not under the direction or ownership of any household member; or