Give timely notice when terminating a case for excess assets. See 0026 (Notices).
If participants properly reduce excess assets before the effective date of termination, eligibility continues. They may reduce assets in any manner not described as an improper transfer in 0015.69.06 (Improper Asset Transfers).
Evaluate assets prospectively. Terminate the case when excess assets exist or when you know the exact date the unit will acquire an asset that will create an excess. Give the unit 10 days notice before terminating the case.
If the unit proves it reduced assets before the effective date of termination, eligibility continues.
There is no overpayment if the unit reports receipt of an asset timely. Ineligibility starts when you can properly process the change.
SNAP has no asset test.
Terminate assistance when excess assets exist on the 1st of the month. If assets go over the limit during a month, clients must reduce assets before the 1st of the following month to continue eligibility.
Send a notice to terminate assistance when excess assets exist. Inform the participant in writing how assets may be excluded or reduced. If the client provides verification of asset reduction before the effective date of termination, continue eligibility.
Follow MSA for aged, blind, or disabled clients. Follow GA for all other adults.