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• Irrevocable Trust where the a/b is grantor and beneficiary of trust established prior to April 1, 1994. Refer to XI.J.2. below. • Irrevocable Trust where the a/b is grantor and beneficiary of trust established on or after April 1, 1994. Refer to XI.J.3. below. • Special Needs or Pooled Trust where the a/b is the beneficiary established on or after April 1, 1994. Refer to XI.J.4. below. I. Revocable Trust 1. When the a/b or financially responsible person is the beneficiary of a revocable trust created with the funds of an individual other than the a/b or spouse, apply the following rules: a. Countable Resources Do not count the principal as an available resource to the a/b. The trust principal is a resource to the grantor who created the trust and who has the power to revoke the trust. b. Transfer of Resources Do not apply transfer of resource policy to the a/b since his assets were not used to create the trust. 2. When the a/b or financially responsible person is the grantor of a revocable trust, apply the following rules: a. Countable Resources Count the current principal plus proceeds that have not been distributed. b. Transfer of Resources Apply transfer of resource policy to any disbursement from the trust principal or proceeds to or for the benefit of an individual other than the a/b. Refer to MA-2240, Transfer of Assets policy. 3. If a revocable trust is changed to an irrevocable trust, evaluate as a transfer effective the date the irrevocable trust is established. Refer to XI.J., below. J. Irrevocable Trusts 1. When the a/b or budget unit member is the beneficiary of an irrevocable trust established with the assets of someone other than himself or spouse determine 83