Page 142

DEPARTMENT FOR AGING AND REHABILITATIVE SERVICES AUXILIARY GRANT PROGRAM NON-SSI RESOURCE ELIGIBILITY 11/18 CHAPTER E PAGE 131 o The current value of the trust if it is a cash trust. o A list of personal and/or real property that is owned by the trust. o Dates, amounts, to whom and for what purposes all distributions were made during the past 12 months. o Dates, amounts and the source of all additions to the trust during the past 12 months. o Signed documents between organizations making payments to the individual when the individual is legally entitled to the payments and the payments have been assigned, either revocably or irrevocably, to the trust. 67.4. Assistant Attorney General Evaluation All trusts, with the exception of some burial trusts, must be evaluated by a Virginia Assistant Attorney General (AAG). Forward a copy of the trust along with other appropriate documents to the area AG consultant. The consultant will evaluate the documents and forward them to the AAG when appropriate. Allow at least two weeks for a response. The worker will use the AAG’s evaluation to determine if the trust is or is not a resource. 67.5. Revocable Trusts A revocable trust is one that can be dissolved and the assets of the trust returned to the grantor. If a trust that was established by the individual is revocable, the individual’s portion of the trust principal is a resource to the individual. 67.5.1. Disbursements To or for the Benefit of the Individual Disbursements from the trust principal (or the individual’s portion of the principal) to or for the benefit of the individual are not income, but conversion of a resource. However, disbursement of trust earnings, e.g., interest, is income. See Trust Disbursements Chapter I - 64. 67.5.2. Disbursements Not to or for the Benefit of the Individual Distributions to or for the benefit of someone other than the individual is a transfer of resources as of the date of the payment. See Resource Transfers Chapter G. 67.5.3. Value