IM-63 05/21/99 FOOD STAMP PREPAID BURIAL EXEMPTION
|FOOD STAMP PREPAID BURIAL EXEMPTION
FOOD STAMP MANUAL REVISION #13:
Section 1110.020.15 page 1110-7
|The Food Stamp Regulations were changed
to exempt up to $1,500 of the equity value of revocable prepaid burials.
Each household member receives the $1500 exemption for his or her burial.
The entire value of irrevocable prepaid burials continues to be excluded.
The $1,500 exemption is effective immediately. Attached is revised Section 1110.020.15 of the Food Stamp Manual.
exemption as the family car. Ms. Green's car should be exempted. Neither car has a fair market value over $4,650, therefore, the only amount counted as a resource is the equity of Ms. White's vehicle ($1,000).
Do not count one burial plot per household member.
Life insurance and prepaid burials:
1. Exempt CSV of life insurance policies.
The following explains the types of prepaid burials authorized in state law and what amounts are recoverable.