23 Miss. Code. R. 104-7.44 - Death Benefits
A. This type of
income is defined as follows:
1. A death
benefit is something received as the result of another's death.
a) Examples include:
1) Proceeds of life insurance policies
received due to death of the insured;
2) Lump sum death benefits from
SSA;
3) RR burial
benefits;
4) VA burial
benefits;
5) Inheritances in cash
or in kind;
6) Cash or in-kind
gifts given by relatives, friends, or a community group to "help out" with
expenses related to death.
B. This type of income is treated as follows:
1. Death benefits are counted as income to
the extent the total amount exceeds the expenses of the deceased person's last
illness and burial paid by the recipient of the benefit.
2. Death benefits that are not income are
also not a resource for one calendar month following the month of receipt. If
retained into the second month following receipt, they are countable
resources.
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.