Resource Exclusions

The resources listed in Subsections 208.01 through 208.14 of this rule, are excluded. (3-17-22) 01. Home and Lot. The household’s home, surrounding land and buildings not separated by propert y owned by others. A public road or right of way that separates any plot from the home does not affect the exclusion. (3-17-22) 02. Household Goods. Household goods are items of personal property normally found in the home . The items will be used for maintenance, use, and occupancy of the home. Household goods include furniture, appliances, television sets, carpets, and utensils for cooking and eating. (3-17-22) 03. Personal Effects. Personal effects are items worn or carried by a participant, or items having a n intimate relation to the participant. Personal effects include clothing, jewelry, personal care items, and prosthetic devices. Personal effects also include items for education or recreation, such as books, musical instruments, or hobb y materials. (3-17-22) 04. Building Lot. One (1) unoccupied lot and one (1) partially built home. Only one (1) home and on e (1) lot can be excluded. (3-17-22) 05. Unoccupied Home. A home temporarily unoccupied due to employment, training, medical care o r treatment and natural disasters. (3-17-22) 06. Home Loss or Damage Insurance Settlements. An insurance settlement awarded to a househol d for home loss or damage, for twelve (12) months from the date of receipt. (3-17-22) 07. Income Producing Property. Real property that annually produces income consistent with its fai r market value. (3-17-22) 08. Equipment Used in a Trade or Business. Equipment used in a trade or business or reasonably expected to be used within one (1) year from their most recent use. (3-17-22) 09. Contracts. A mortgage, deed of trust, promissory note, or any other form of sales contract if th e purchase price and income produced are consistent with the property’s fair market value. (3-17-22) 10. Life Insurance. The cash surrender value of a life insurance policy. (3-17-22) 11. Native American Payments. To the extent authorized, payments or purchases made with payments authorized by law based on Native American ancestry. (3-17-22) 12. Funeral Agreements. The cash value of an irrevocable funeral agreement. (3-17-22) 13. Education Accounts. Account with funds legally identified as monies to pay for educationa l expenses. (3-17-22) 14. Retirement and Tax Preferred Accounts. Accounts legally identified as monies for retirement. (3-17-22) 209. -- 213. (RESERVED)