Joint Accounts 415-25-10-15

(Revised 10/00 ML #2629)

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Assets owned jointly by separate households shall be considered available in their entirety to each household, unless it can be demonstrated by the applicant household that such assets are inaccessible to the household or that the funds are in fact the sole property of only one owner who has the generally recognized authority to direct disbursement. If the household can demonstrate that it has access to only a portion of the asset, only that portion shall be counted toward the household's asset limitation. The asset shall be considered totally inaccessible to the household if it cannot be practically subdivided and the household's access to the value of the asset is dependent on the agreement of a joint owner who refuses to comply.