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Wisconsin Department of Children and Families Wisconsin Works (W-2) Manual |
3.3.2.1 Joint Accounts and Property
Only assets that are actually available for use may be counted.
An asset is available: if the person has a legal interest in it and has the legal ability to make it available for support and maintenance.
An asset is unavailable: when the individual can reasonably document that it cannot be accessed for 31 or more days.
A payment may not be counted as an asset and income in the same month. Count income in the month received and any amount remaining as an asset in the following months.
Crowdfunding payments must be counted as an asset in CARES Worker Web (CWW) as soon as funds are generated and available in the crowdfunding account, unless the individual can reasonably document that it cannot be accessed for 31 or more days.
Equal shares of jointly held accounts and property should be deemed available to each person whose name is listed as an owner.
:History: Release 23-07.