TRUSTS USING THE ASSETS OF OTHER PARTIES (FAM)
Trusts or similar legal devices established by another party, regardless of date of establishment, using that party’s assets, such as trusts established by will.
Treatment: Countable resource to the extent that the assistance group member has access to the principal of the trust. All trusts must be forwarded to State Office for a trust review. State Office will determine whether the trust is countable as a resource, or any disbursements are countable as income.
See also Inaccessible Resources