<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecP0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0-000002 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ec000003 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecP0"><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">    </span><a href="https://sdlegislature.gov/Rules?Rule=67:12:05:10"><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0-000000">67:12:05:10</span></a><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0-000001">.  Personal property held in trust considered a resource.</span><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0"> The department </span><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">must</span><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0"> consider personal property held in trust as a resource </span><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">when applying the resource limit in § </span><a href="https://sdlegislature.gov/Rules?Rule=67:12:05:05"><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0-000002">67:12:05:05</span></a><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0"> </span><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">if the trust instrument</span><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">:</span></p><p dir="ltr" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecP0"><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ec000003"> </span></p><p dir="ltr" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecP0"><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">    (1)  I</span><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">s revocable</span><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">;</span></p><p dir="ltr" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecP0"><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">    (2)  A</span><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">llows the administrator to sell property subject to the trust and use the proceeds to meet the needs of any member of the assistance unit</span><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">;</span><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0"> or</span></p><p dir="ltr" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecP0"><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">    (3)  A</span><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">llows the administrator to invade the principal and use the principal to meet the needs of any member of the assistance unit.</span></p><p dir="ltr" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecP0"><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ec000003"> </span></p><p dir="ltr" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecP0"><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">    </span><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">The department shall </span><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">consider</span><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0"> a personal property trust created </span><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">to render</span><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0"> an applicant, recipient, or dependent child eligible to receive public assistance to be a transfer </span><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">that results</span><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0"> in ineligibility. The department shall account for </span><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">the </span><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">income received from a personal property </span><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">trust </span><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">in the same manner as any other income.</span></p><p dir="ltr" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecP0"><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ec000003"> </span></p><p dir="ltr" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecP0"><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">    </span><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0-000001">Source:</span><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0"> SL 1975, ch 16, § 1; 4 SDR 10, effective August 28, 1977; 7 SDR 66, 7 SDR 89, effective July 1, 1981; 21 SDR 172, effective April 3, 1995</span><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">; 52 SDR 55, effective December 2, 2025</span><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">.</span></p><p dir="ltr" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecP0"><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">    </span><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0-000001">General Authority:</span><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=28-6-1"><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0-000002">28-</span><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0-000002">6-1</span></a><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">.</span></p><p dir="ltr" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecP0"><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">    </span><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0-000001">Law Implemented:</span><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=28-6-1"><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0-000002">28-</span><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0-000002">6-1</span></a><span class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecC0">.</span></p><p dir="ltr" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ecP0"><span xml:space="preserve" class="s233d6a50-35e2-4f4c-8e8d-6e91e3fc11ec000003"> </span></p></div></body></html>