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Low Income Home Energy Assistance Program Division 10 Service 415 Program 415 Chapters 05 - 65 North Dakota Department of Health and Human Services
income taxes withheld are not allowed to reduce the amount of countable income. • Alaska Permanent Fund Payments • Insurance settlements • Inheritance • Income received from a trust - Submit SFN 1947, Request for Trust Review, along with complete copies of all trust agreements to the Legal Advisory Unit of the Department of Human Services for review. • Lump sum retroactive social security payments when the individual had earnings in the year prior to the adjustment 9. Cash Contributions received on a regular basis that can be reasonably anticipated. EXCEPTION: Regular contributions from parents made available on condition that the recipient continues as a bona fide higher education student are not counted. Small (under $360/year) contributions are not counted. 10. Contracts for Payment.
When an applicant or recipient has sold property with a contract to receive a series of periodic payments, rather than one payment, the arrangement is usually called a "contract for deed". The essential feature of the contract for deed is the right to receive future payments, usually coupled with a right to get the property back if the payments are not made. Contractual rights to receive money payments also arise out of other types of transactions. The valuable contract document may be called a note, accounts receivable, mortgage, or by some other name. NOTE: Some contractual rights may be written so the lender has the right to demand payment at any time. If so, the note is considered a demand note and can be called in at any time. If a note is written so the lender does not have the right to demand payment but the note is in default, it also becomes a demand note. Contractual rights may or may not have collateral or security to guarantee payment.