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TANF POLICY MANUAL

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*Exclude amount deposited into Individual Development account (IDA) within 30 days of receipt; deposit cannot exceed $10,000. Prepaid burial contract Y Exclude up to $1,500 equity value plus any interest accrued per BG member. Refunds of security deposits Y

Revocable trust account Y

Saving certificate Y If jointly owned; count the value unless inaccessibility can be proven. Stocks/bonds Y

Technical items of assistance N Technology for a handicapped person required to develop or maintain life or work skills (such as power wheelchair or computer) will not count against the $2,500 resource limit. Adaptive items added to a car or van will not increase its book value. Vacation pay N Treat as income. 6.7 Treatment of Non-Liquid Resources The equity value of non-liquid resources is counted toward the resource limit. The following chart describes types of non-liquid resources and how they are treated.

CAUTION: If a non-liquid resource is converted to a liquid resource (cash), it retains its status as a resource. Type Counted Special Treatment Vehicles See Remarks See Treatment of Vehicles. (See 6.9) Building(s) not associated with homestead Y Count the value of the building(s) on the property other than the homestead residence and its normal outbuildings. (See 6.10) Non-homestead property Y Count equity value unless there is a good faith effort to sell. (See 6.10) Lifetime rights to property N Exclude the value of lifetime rights; count the income derived by holder of rights as income. Income-producing property N Exclude the value of property if rental/lease income is consistent with prevailing rate of return for similar property in the area. Property essential to employment or self- employment N Exclude if property is being used in an employment situation.