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5402

MISSISSIPPI RESOURCES: CONSIDERATION OF EXCESS RESOURCES

Revised 05 - 01 - 06 2. Use the facts obtained to determine whether or not: a. The individual has used up his assets at time of the review or has plans to use the excess cash as allowed in policy. b. The individual has received a reasonable return in using up his excess cash. The recipient who uses his excess cash to meet the needs of himself, his spouse and his minor children will be considered to have received a reasonable return. c. The individual has been ineligible in a prior period because of 1) excess resources retained or 2) resources transferred in order to remain eligible. See discussion on transfer with intent to qualify in Transfer of Resources - Disqualification Procedures, later in this chapter. 3. Take appropriate action as follows: a. Continue assistance when the recipient has used his excess resources 1) to receive a reasonable return or 2) without receiving a reasonable return and the period of ineligibility has expired. Also, continue assistance according to policy for the purchase and repair of a home or household items. b. Terminate assistance when the recipient 1) retains excess resources except as allowed for a home or household items or 2) has disposed of his excess cash within the prior year without receiving a reasonable return. Explain to the recipient that:

He is expected to use his income and resources as far as they will go in meeting the living expenses of himself, his spouse, and his minor child(ren) and that he will be ineligible for a period of time based on the amount transferred above the maximum limit.

He will be required to submit proof of use of his excess cash, should he reapply.

Volume III | Chapter 5 c. Report to the Economic Assistance Policy Unit any situations which meet the definition of hardship.