009.08(A)(iii) FUNDS SET ASIDE FOR BURIAL.

A specified maximum may be disregarded if it is set aside for the purpose of paying burial expenses. The individual may choose to put the money in one of the following: (a) A pre-need burial trust. If the individual has an irrevocable burial trust for more than the specified maximum, the excess is considered an available resource; (b) A policy of burial insurance. If the individual has irrevocably assigned more than the specified maximum in burial insurance, the excess is not an available resource; or (c) A maximum of $1,500 designated for burial. These funds may be in an account or in an insurance policy.