003.05(A)(iii)(6) MONEY DESIGNATED FOR BURIAL.

Up to $1,500 may be disregarded for each individual if it is set aside for the purpose of paying burial arrangements for the individual or the individual's spouse. This exclusion is in addition to the burial space exclusion. To qualify for this exclusion, funds must be separated into a designated account. The $1500 is reduced by: (a) The face value of any policy of life or burial insurance, and (b) The amount of any irrevocably assigned burial trust, contract, or arrangement