Indiana Code > Title 12 > Article 14 > Chapter 19 – Valuation of Certain Resources for Supplemental Assistance
Current as of: 2023 | Check for updates
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Other versions
| § 12-14-19-1 | Exclusions for irrevocable trusts, prepaid funeral agreements, and life insurance policies |
| § 12-14-19-2 | Resources used in determining eligibility for assistance |
Terms Used In Indiana Code > Title 12 > Article 14 > Chapter 19 - Valuation of Certain Resources for Supplemental Assistance
- Irrevocable trust: A trust arrangement that cannot be revoked, rescinded, or repealed by the grantor.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.