ASSET

EXEMPTION

LAW PROVISION

HOMESTEAD

Real property, mobile home or manufactured home (mobile or manufactured home if loan incurred after 1/1/83 ) you occupy to $30,000 ; sale proceeds exempt 1 year after received

38-41-201, 38-41-201.6,

38-41-203, 38-41-207

Spouse or child of deceased owner may claim homestead exemption

38-41-204

House trailer or coach used as residence to $3,500

13-54-102(1)(o)(I)

Mobile home used as residence to $6,000

13-54-102(1)(o)(II)

INSURANCE 

Disability benefits to $200 per month; if receive lump sum, entire amount exempt

10-8-114

Fraternal benefit society benefits

10-14-122

Group life insurance policy or proceeds

10-7-205

Homeowners’ insurance proceeds for 1 year after received, to homestead exemption amount

38-41-209

Life insurance avails to $5,000

13-54-102(1)(I)

Life insurance proceeds if clause prohibits proceeds from being used to pay beneficiary’s creditors

10-7-106

MISCELLANEOUS

Child support if recipient does not mix with other money or deposits into separate account for the benefit of the child

13-54-102.5

Property of business partnership

7-60-125

PENSIONS

ERISA-qualified benefits, including IRAs

13-54-102(1)(s)

Firefighters

31-10-412, 31-30-518

Police officers

31-30-313, 31-31-616

Public Employees

24-51-212

Teachers

22-64-120

Veterans

13-54-102(1)(h), 13-54-104

PERSONAL PROPERTY

1 burial plot per person

13-54-102(1)(d)

Clothing to $750

13-54-102(1)(a)

Food and Fuel to $300

13-54-102(1)(f)

Health aids

13-54-102(1)(p)

Household goods to $1,500 total

13-54-102(1)(e)

Jewelry and articles of adornment to $500b total

13-54-102(1)(b)

Motor vehicles used for work to $1,000 ; to $3,000 to get medical care, if elderly or disabled

13-54-102(j)(I), (II)

Personal injury recoveries, unless debt related to injury

13-54-102(1)(n)

Pictures and books to $750

13-54-102(1)(c)

Proceeds for damaged exempt property

13-54-102(1)(m)

Security deposit

13-54-102(1)(r)

PUBLIC BENEFITS

Aid to blind, aged, disabled, AFDC

26-2-131

Crime victims’ compensation

13-54-102(1)(q), 24-4.1-114

Unemployment compensation

8-80-103

Veterans’ benefits for veteran, spouse or child if veteran served in war

13-54-102(1)(h)

Workers’ compensation

8-42-124

TOOLS OF TRADE

Horses, mules, wagons, carts, machinery, harness and tools of farmer to $2,000 total

13-54-102 (1)(g)

Library of professional to $1,500 or stock in trade, supplies, fixtures, machines, tools, maps, equipment and books to
$1,500 total

13-54-102 (1)(i), (k)

Livestock and poultry of farmer to $3,000

13-54-102 (1)(g)

WAGES

Minimum 75% of earned but unpaid wages, pension payments

13-54-104

WILDCARD

NONE