PM 08-01-07-i: Monthly Trust Payments

WAG 08-01-07-i.

Monthly payments from the principal or interest of a trust fund made to or in behalf of a child in a TANF case are budgeted as nonexempt income in the following situations:

• when the court releases the funds for the child's income maintenance needs; or
• when the purpose for the release is not specified by the court; or
• there is no court order covering the trust payments.

If the court orders the money released for a specific purpose other than the child's income maintenance needs, payments from the principal or interest of a trust fund are exempt.