Asset
|
Exemption
|
|
Homestead
|
Real property, mobile home,
co-op, or burial plot: up to $20,200. Up to $10,125 may be used as a
wildcard and applied to any kind of property.
|
Insurance
|
Life insurance contract (not
matured): all except credit insurance policies.
|
|
Life insurance policy loan value
and accrued dividends: up to $10, 755.
|
|
Unemployment, disability, and
illness benefits: all.
|
|
Life insurance payments from a
policy taken out on someone the debtor depended on: all necessary for
support.
|
Miscellaneous
|
Child support and alimony: all
necessary for support.
|
Pensions
|
Tax exempt retirement accounts
(which include 401(k)s, 403(b)s, profit-sharing
and money purchase plans, SEP and SIMPLE IRAs, and defined-benefit
plans): all.
|
|
IRAs and Roth IRAs: up to
$1,095,000 per person.
|
Personal
Property
|
Motor vehicle: up to $3,225.
|
|
Household goods, appliances,
furnishings, clothing, books, musical instruments, animals, crops: up to
$525 per item and up to $10,775 total.
|
|
Jewelry: up to $1,350.
|
|
Health aids: all.
|
|
Recovery for wrongful death of a
person on whom the debtor depended: all
|
|
Recoveries for personal injury
(excluding amounts for pain and suffering and pecuniary loss): up to
$20,200.
|
|
Payments for lost earnings: all.
|
Public
Benefits
|
Public assistance benefits: all.
|
|
Social Security benefits: all.
|
|
Unemployment compensation
benefits: all.
|
|
Veterans’ benefits: all.
|
|
Crime victim compensation: all.
|
Tools
of Your Trade
|
Implements, tools, and books: up
to $2,025.
|
Wages
|
No exemption.
|
Wildcards
|
Any property: up to $1,075.
|
|
Any property: up to $10,125 of
the unused homestead exemption.
|