7 AAC 45.285 - Availability of resources to dependent child
(a) In determining
eligibility for ATAP benefits, the department will include a resource in the
determination only if the resource is actually available to meet the needs of
the dependent child.
(b) If real
property owned by an applicant has a value in excess of the resource limit, the
applicant is eligible for ATAP benefits only if the applicant provides
verification that the property is not available to meet the needs of the
dependent child because
(1) the applicant has
an undivided fractional interest in the property with another person who is not
an applicant or recipient of ATAP benefits and who will not agree to sell that
interest; or
(2) the property has
uncorrectable legal or physical defects that prevent its sale.
(c) An Alaska permanent fund
dividend, plus accrued interest, that is held in trust by the State of Alaska
for a child in the legal custody of the department is an unavailable resource;
it becomes an available resource when released to the child or the child's
caretaker relative.
Notes
Authority:AS 47.05.010
AS 47.27.005
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