For the following case, provide a brief analysis including:

1. A paragraph identifying the problem. 

2. A list of 2-3 keywords for the major concepts.

3. A brief solution to the case that relies on explicitly cited section(s) of the Financial Accounting Standards Board Accounting Codification (I expect you to say, Topic ASC XXX-XX-...). 

Case information:

A new client for your firm is Sam Jones who is preparing personal financial statements for a bank loan. Mr. Jones is attempting to list his social security benefits to be received based on his future life expectancy as an asset on his financial statements. Mr. Jones states that such benefits meet the definition of an asset. Would you agree to allow the social security benefits to be listed as an asset?