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Topic: checking account

Letter to Community Spouse (Deeming Resources)

Last Updated June 9, 2020

Example Template for hand generated notice to Community Spouse

Subject: Long Term Care (LTC) Topics: checking account, community spouse, deeming income, institutionalized spouse, joint resources, Resources, savings account, spousal impoverishment

Resource – Bank Accounts – How to Process Applications & Reviews

Last Updated August 21, 2025

317:35-5-41.2 For non-SSI recipients: Verification of resources held in bank accounts or other financial institutions may be established through an Asset Verification System (AVS). Money on hand or in a savings account is considered as a countable resource the month after receipt. Checking accounts may or may not represent savings. Current bank statements are evaluated […]

Subject: Aged, Blind, Disabled (ABD), Long Term Care (LTC) Topics: checking account, countable resource, joint account, questionable information, resource eligibility, Resources, savings account, SSI Criteria, Verification

Resources

Last Updated March 4, 2024

Resources – a general term representing any form of real and personal property which has an available money value.  The term capital resource is a general term representing any form of real and/or personal property which has an available money value.  All available capital resources, except those required to be disregarded by federal or state […]

Subject: AFS Policy Topics: ABD, bank account, checking account, EO, Life Insurance Policy, Liquid Resources, Policy, Resources, SEO

Liquid Resource

Last Updated March 4, 2024

Liquid Resource – cash and other types of savings or investment funds which can be easily converted to cash such as checking or savings account balances, the cash value of savings certificates, and the cash value of stocks or bonds.

Subject: AFS Policy Topics: bank account, bonds, cash, checking account, liquid resource, migrant farm worker, Policy, Resource, stocks
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