Where is an instance of value type be stored in memory, if created at the local level but assigned to a variable that was declared at the class level?

In relevance to my previous post, I did some further research concerning the following statement you made "Only when you explicitly create an instance of a class using the new is anything else created, and for reference types (i.e. classes) everything that is defined as part of the class is created on the heap - nothing goes on the stack." And it finally made sense.

That being said in relevance to this repost and my previous post, when a variable of Value type is declared as a field but an instance is created and assigned to it at local level (body of method), then the variable and value (instance created at the local level) assigned to it are both stored on the Heap (because of the fact that the variable was declared as a field), when an instance of the class type is created... is that what you were implying?