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Protecting Your Assets Are Your Assets at Risk? Effective Asset Exemption Planning Your Asset Exemption Options If No Homestead Exemption Exists
Protecting Your Assets Are Your Assets at Risk? Effective Asset Exemption Planning Your Asset Exemption Options If No Homestead Exemption Exists
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PrintIf No Homestead Exemption Exists
When developing an effective asset exemption plan, if a state provides for no homestead exemption, or an extremely small exemption, the form in which you own the home may determine the extent to which your home will be protected from creditors. Your best options are:
In addition, there are other forms of ownership, but they do not offer enough protection. They are presented here for illustrative purposes:
