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(viii) Resources having a cash value which is not accessible to the household, such as but not limited to irrevocable trust funds, security deposits on rental property or utilities, property in probate, and real property which the household is making a good-faith effort to sell at a reasonable price. Any funds in a trust or transferred to a trust, and the income produced by that trust to the extent it is not available to the household, shall be considered inaccessible to the household if:
(a) the trust arrangement is not likely to cease during the certification period and no household member has the power to revoke the trust arrangement or change the name of the beneficiary during the certification period;
(b) the trustee administering the funds is either:
(1) a court, or an institution, corporation, or organization which is not under the direction or ownership of any household member; or
(2) an individual appointed by the court who has court-imposed limitations placed on his/her use of the funds;
(1) a court, or an institution, corporation, or organization which is not under the direction or ownership of any household member; or
(2) an individual appointed by the court who has court-imposed limitations placed on his/her use of the funds;
(c) the trust investments made on behalf of the trust do not directly involve or assist any business or corporation under the control, direction or influence of a household member; and
(d) the funds held in irrevocable trust are either:
(1) established from the household's own funds, if the trustee uses the funds solely to make investments on behalf of the trust or to pay the educational or medical expenses of any person named by the household creating the trust; or
(2) established from nonhousehold funds by a nonhousehold member.
(1) established from the household's own funds, if the trustee uses the funds solely to make investments on behalf of the trust or to pay the educational or medical expenses of any person named by the household creating the trust; or
(2) established from nonhousehold funds by a nonhousehold member.