Homestead Exemption
- Real property or mobile home up to $80,000
Insurance Exemption
- Life insurance policies or proceeds to deceased’s estate, not to a specific beneficiary
- Fraternal benefit society benefits
- Life insurance surrender value to $100,000 per policy, with restrictions.
Pensions for public employees, disabled veterans, ERISA-qualified benefits to $100,000, IRA’s to $100,000, Keogh’s to $100,000. Aid for the blind, aged or disabled and AFDC. Unemployment compensation. Worker’s compensation.
Personal Property
- Books, Bibles, pictures, paintings to $1,000
- Clothing
- Burial plots and church pew
- Cash to $7,500 in lieu of homestead
- Crops and grains raised on debtor’s property
- Food & fuel to last one year
- Farm equipment including livestock and feed up to $10,000
- Tools of trade to $10,000 not related to farming
- One automobile or truck up to $1,200
- A head of household not claiming crops or grain may claim $7,500 in additional personal property, including tools of trade up to $1,000 or livestock and implements of farming to $4,500.
