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value has been excluded, as well as by the value of any burial trusts or contracts or other resources designated for burial. The $1500 exclusion is not reduced by the value of burial plots. These funds are excluded effective the date they are designated as burial funds. Any funds (interest or principal) that are later withdrawn from an excluded burial fund will be considered income to the individual in the month after the month in which the withdrawal is discovered by/reported to OP. 4. Any interest earned on an account designated for burial which is left to accumulate and become part of the burial fund is excluded as income and as a resource. Do not enter the accumulated interest onto the system as income. NOTE: Funds may be designated for each household member. BURIAL PLOT: Exclude the value of one burial plot for each immediate family member. NOTE: Immediate family members include the client’s children, siblings, and parents. The family member need not be dependent upon or living with the client. Burial plots are real property for conditional assistance purposes (if a single individual has two burial spaces, but no family member to designate the second burial space to, for example). SEE REFRESHER TRAININGS: Course: ABD Resources - Overview (dphhselearn.org) & Course: Life Insurance & Burial Accounts (dphhselearn.org) BUSINESS ACCOUNT: Exclude funds held in a business account that represents necessary business capital, operating funds, or funds prorated as income. If funds have not been prorated as income, see ‘Property/Equipment Necessary for Employment’. CAMPER: Campers not intended to provide transportation (camp trailers, truck toppers, etc.) are countable unless otherwise excluded (e.g., used as a home). CASH ON HAND: Countable, unless it represents the current month’s income, then it is excluded. CERTIFICATE OF DEPOSIT (CD): Countable. A CD’s value is the net amount received after penalties for early withdrawal, if applicable. Taxes are not deducted. Determine the CD’s net value using a detailed breakdown from the institution holding the deposit. The breakdown must include the gross deposit and individually identify any/all deductions and penalties that are subtracted from the gross if funds are withdrawn.