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Table of Contents Assets (RAP/CIC) i 1650.0000 Child In Care ............................................................... 1 1650.0100 ASSET DEFINITION (CIC) ....................................................................................... 1 1650.0200 ASSET LIMITS (CIC) ................................................................................................ 1 1650.0206 Verification of Assets (CIC) .................................................................................. 1 1650.0300 ASSET OWNERSHIP AND AVAILABILITY (CIC) .................................................. 1 1650.0301 Joint Ownership (CIC) .......................................................................................... 1 1650.0302.01 Joint Ownership of Bank Accounts (CIC) ........................................................ 2 1650.0302.03 Rebuttal of Ownership (CIC)............................................................................ 2 1650.0304 Ownership of Real Property (CIC) ........................................................................ 2 1650.0305.02 Shared Ownership of Real Property (CIC) ...................................................... 3 1650.0308 General Availability (CIC) ..................................................................................... 3 1650.0309 Availability of Trusts (CIC) .................................................................................... 3 1650.0316 Legal Restrictions to Availability (CIC) ................................................................. 3 1650.0321 Assets Unavailable/Circumstances Beyond Control (CIC) .................................. 3 1650.0400 GENERAL DETERMINATION OF ASSET VALUE (CIC) ....................................... 4 1650.0401 Time When Asset Value Affects Eligibility (CIC) .................................................. 4 1650.0402 Asset Eligibility (CIC) ............................................................................................ 4 1650.0404 When Asset Value Affects Eligibility (CIC) ........................................................... 4 1650.0406 Determining Asset Value (CIC) ............................ Error! Bookmark not defined. 1650.0407 Definition of Actual Value (CIC) ............................................................................ 4 1650.0409 Conversion of Assets (CIC) .................................................................................. 4 1650.0410 Excluded Assets Replacement (CIC) ................................................................... 5 1650.0500 ASSETS: DEFINITIONS AND VALUE DETERMINATIONS (CIC) ........................ 5 1650.0501 Bank Accounts (CIC) ............................................................................................ 5 1650.0502 Checking and Savings Accounts (CIC) ................................................................ 5 1650.0504 Time Deposits (CIC) ............................................................................................. 5 1650.0505 Retirement Accounts and Pension Plans (CIC) ................................................... 5 1650.0506 Verification of Bank Account (CIC) ....................................................................... 6 1650.0507 Burial Contracts and Other Burial Assets (CIC) ................................................... 6 1650.0508 Funeral Agreement (CIC) ..................................................................................... 6 1650.0515 Burial Spaces/Plots (CIC) ..................................................................................... 6 1650.0517 Verification of Burial Spaces (CIC) ....................................................................... 6 1650.0518 Cash (CIC) ............................................................................................................ 7 1650.0519 Verification of Cash (CIC) ..................................................................................... 7 1650.0522 Money from Excluded Asset (CIC) ....................................................................... 7 1650.0524 Crops and Livestock for Home Use (CIC) ............................................................ 7 1650.0525 Verification (CIC) .................................................................................................. 7 1650.0526 Disaster Assistance from Government Sources (CIC) ......................................... 7 1650.0531 Business Inventory (CIC) ...................................................................................... 8 1650.0532 Verification (CIC) .................................................................................................. 8 1650.0534 Home (CIC) .......................................................................................................... 8 1650.0541.01 Good Faith Effort to Sell (CIC) ......................................................................... 8 1650.0541.02 Exclusion Period (CIC) .................................................................................... 9 1650.0541.03 Verification (CIC) ............................................................................................. 9 1650.0541.04 Property is Sold (CIC) ...................................................................................... 9 1650.0550 Indian Land (CIC) ................................................................................................. 9 1650.0553 Life Insurance (CIC) ............................................................................................. 9 1650.0555 Verification of Life Insurance (CIC) ...................................................................... 9 1650.0556 Loans (CIC) ........................................................................................................ 10