Homestead Exemption
- Real property you use as your primary residence not exceeding 1 acre in city or town or 160 acres on a farm to an unlimited value.
Insurance Exemption
- Fraternal benefit society benefits
- Life insurance policy proceeds if clause prohibits proceeds from being used to pay beneficiary’s creditors
- Life insurance forfeiture value if filing for bankruptcy over one year after policy was issued.
Pensions for public employees, firefighters, police officers, judges, state school employees. Aid for the blind, aged or disabled and AFDC. Unemployment compensation. Worker’s compensation.
Personal Property
- Food and fuel to last one year
- Clothing to last one year
- Furnishings and household goods
- Jewelry to $1,000
- Burial plot
- National Guard uniforms and arms
- Tools of trade to $7,500, including breeding stock, seed and grain
- One automobile to $20,000, or unlimited if equipped for the disabled
