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LIEAP (Low Income Energy Assistance Program) - a 100% federally funded program that exists to partially meet the cost of home heating energy.
Late reporting - information not furnished when the change becomes known to the client or verifications which are not furnished within the allowable time frames.
Law enforcement - persons or agencies that require compliance with the principles and regulations established in a community under the authority of state and/or federal legislation and enforced by judicial decision.
Legal barrier - see Barrier to sale.
Legal encumbrance - a lien or claim on a resource which is recognized by law.
Legal obligation - an obligation, such as a court order, that would be upheld by a judge in a court of law, i.e., a divorce decree, an order issued through an administrative law judge, or a legally enforceable separation agreement.
Legal residents - l awfully residing in the United States.
Life estate - the rights of ownership belonging to an individual and existing until the individual's death but actual title or deed to the property belongs to another individual.
Life insurance - a contract on which the owner pays premiums during his lifetime and:
A. The company pays at least the face amount of the policy to the beneficiary upon the death of the insured.
B. The payment may include a loan or cash surrender value.
C. The payment may include accumulated dividends.
Likely to remain - a determination made by a public health nurse and/or case manager that an institutionalized person is expected to remain in an institution for 30 consecutive days or longer.
Liquid resource - see Resources.
Loan - a debt the borrower has an obligation to repay (See Bona fide).
Lump sum - a payment of earned/unearned money, i.e., payment of retroactive benefits such as, but not limited to, RSDI, lottery winnings, UIB, cash inheritances or workers compensation awards. It is the total amount received minus legal fees required to make the money available and minus the amount designated by the payer or source for medical expenses.