| ASSET |
EXEMPTION DESCRIPTION |
LAW SECTION |
| 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 |
10-7-106; 13-54-102(1)(l)(B) |
| |
Life insurance proceeds if clause prohibits
proceeds from being used to pay beneficiary’s creditors |
10-7-106 |
| |
Life insurance - cash surrender value for writs
issued against the insured – 25,000/50,000 |
13-54-102(1)(l)(A) |
| MISC. |
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 $1500 |
13-54-102(1)(a) |
| |
Food and Fuel to $600 |
13-54-102(1)(f) |
| |
Health aids |
13-54-102(1)(p) |
| |
Household goods to $3,000 total |
13-54-102(1)(e) |
| |
Jewelry and articles of adornment to $1000
total |
13-54-102(1)(b) |
| |
Motor vehicles used for work to $3,000
; to $6,000 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 $1500 |
13-54-102(1)(c) |
| |
Proceeds for damaged exempt property |
13-54-102(1)(m) |
| |
Security deposit |
13-54-102(1)(r) |
| |
The full amount of any federal or state earned income tax
credit refund |
13-54-102(1)(o) |
| |
Professionally prescribed health aids for the debtor or
a dependent of the debtor |
13-54-102(1)(p) |
| 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 $25,000 total (same $25,000 limit for
debtor or debtor plus spouse) |
13-54-102 (1)(g) |
| |
Library of professional to $3,000 or stock
in trade, supplies, fixtures, machines, tools, maps, equipment, books
and business materials to
$10,000 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 |
|
