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UNOFFICIAL 1725.1-15 §17-1725.1-26 Exempt assets. The following assets shall be exempted from consideration in the personal reserve of an individual or household which shall include, but are not limited to: (1) Household goods of limited value essential to day-to-day living including but not limited to clothing, furniture, appliances or electronic equipment; (2) Personal effects including but not limited

to one wedding ring and one engagement ring, personal care items and clothing, pets, educational or recreational items, or items of cultural or religious significance to an individual; (3) All motor vehicles, with the exception of watercrafts or air transportation vehicles, including but not limited to cars, trucks, vans, or motorcycles; (4) Any equity in the principal place of residence of an individual or household, as described in subchapter 5 except for the home of an individual requesting or receiving long-term care services placed in a trust; (5) Refunds of utility and rental deposits paid by the department; (6) Bona fide loans or agreements from any source, including but not limited to educational loans, is a debt that the individual (borrower) has an obligation to repay; (7) Cash payments to the assistance unit responsible for payment of the household bills by a non-unit household member for his or her share of common household expenses; (8) One burial space (including plots, vaults, and niches) per household member if specifically designated for the individual or immediate household member; (9) The value of bona fide funeral or burial plans or agreements per household member if