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468 NAC – Chapter 2 – Eligibility Requirements RESOURCES EXAMPLES OF LIQUID RESOURCES • Cash on hand; • Cash in savings or checking accounts; • Certificates of deposit (CD); • Saleable stocks or bonds; • Investments; • Collectible unpaid notes or loans; • Promissory notes; • Mortgages; • Land contracts; o If determined to be saleable (there is a known buyer), the net value of the contract becomes the value at which it could be sold, minus encumbrances, etc., against the property. • Land leases; • Revocable burial funds; • Trust or guardianship funds; • Cash value of insurance policies or other similar policies; o The cash surrender value of life insurance, term insurance, and other similar policies that do not accrue any cash value, burial insurance, and life insurance policies in which the proceeds are irrevocably assigned for burial are all exempt from resources. • The contents of a safe deposit box; • Federal and state tax refunds (excluding Earned Income Credit); and • Medical savings accounts.

EXAMPLES OF NON-LIQUID RESOURCES • A home; • Additional pieces of property; • Trailer houses; • Burial spaces; • Motor vehicles; o One motor vehicle is disregarded if it is necessary for a household member’s employment or medical treatment. The equity value of all other motor vehicles is included. • Profit from a life estate that is sold; • Farm and business equipment; • Livestock; • Poultry and crops; and • Household goods and other personal effects.