Page 150

DEPARTMENT FOR AGING AND REHABILITATIVE SERVICES AUXILIARY GRANT PROGRAM NON-SSI RESOURCE ELIGIBILITY 11/18 CHAPTER E PAGE 139 • Resources o All countable liquid resources as of the first moment of the month(s) for which undue hardship is at issue. Liquid resources are any resources in the form of cash or in any other form which can be converted to cash within 20 workdays. See Conditional Benefits Chapter F – 4.2 for further information on liquid resources. o All liquid resources excluded as of the first moment of the month(s) for which undue hardship is at issue. AG benefits retained into the month following the month of receipt are counted as a resource for purposes of determining available funds. Do not include non-liquid resources or assets determined not to be a resource. Example Frank Williams filed for AG in 1/06 as an aged individual. In 2/06, he received an insurance settlement from an accident that was placed in an irrevocable trust. After determining that he met the other requirements for undue hardship, the worker determined Mr. Williams' available funds. He receives $750 title II benefits and $10 per month interest on a bank account. His only liquid resource is the bank account that has $600 in it. The total of $1360 in available funds ($750 title II, $10 interest and $600 bank account balance) means that undue hardship does not apply in 3/06 because that amount exceeds the AG rate.