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if there are excess resources. See VII. below to determine how to count real property. 2. Add the value of all countable personal property assets. Include the equity value of excess vehicles. Rebuttal of personal property value is only necessary if there are excess resources. See VIII. to determine how to count personal property. 3. Add the value of all countable liquid assets. See X.-XII below to determine how to count trust funds, life insurance and other liquid assets. 4. Total all countable assets available to the a/b and financially responsible persons. See MA-2260, Financial Eligibility Regulations-PLA, for resource limits and parental deeming of resources. Refer to MA-2231, Community Spouse Resource Protection, when the a/b is institutionalized and has a spouse in the community. See XII.D below for instructions on how to apply a resource disregard for individuals with a qualified Long Term Care Partnership policy. F. Compare Countable Resources to Resource Limit 1. Private Living Arrangement The PLA a/b meets resource eligibility criteria if total countable resources are equal to or less than the resource limit for the a/b (individual or couple limit) on the first moment of the verification month. 2. Long Term Care a. A single (unmarried or widowed) a/b in LTC meets resource criteria if total countable resources are equal to or less than the resource limit for one person. b. Married LTC a/b with a spouse in the community – Subtract the Community Spouse Resource Allowance (CSRA) from total countable resources of the couple. The a/b meets resource criteria if the remaining resources are equal to or less than the limit for one person. Rules and procedures for determining the amount of the CSRA are found in MA-2231, Community Spouse Resource Protection. 3. See G. - J. below if resources exceed allowable limits G. Rebuttal of Real/Personal Property Value or Promissory Note The a/b may rebut the value of real or personal property (including partial interest) or promissory note when countable resources exceed allowable limits. Rebuttal requirements are listed in items VII. and VIII. Refer also to instructions in MA-2303, 7