Expert Assets

Exempt Assets:

Primary residence if equity is less than or equal to $585,000 and applicant intends to return home.
Primary residence, regardless of equity, if spouse, child under age 21, or blind or disabled child of any age lives there.
One vehicle.
Life insurance with no cash value.
Life insurance with cash value of all such policies is less than or equal to $1,500.
Irrevocable burial/funeral contracts ($10,000 or less won’t be scrutinized).
$1,500 designated for burial expenses (revocable burial contracts, burial savings accounts, or life insurance policies).
One burial plot per family member.
Personal effects and household items.

Call +1 605-310-3250 and speak to any of our office staff to learn more or schedule an appointment.

605-310-3250