Asset Protection Society

Home Maryland Homestead Exemption
There is no statutory Homestead exemption offered in Maryland.  However, depending on your asset protection plan and the way your homestead is owned, i.e., tenants by the entirety,  it may still be afforded SOME protection.  Check with your advisor to determine whether or not you have taken the proper steps to protect your homestead.  However, there is some stautory protection offered, there is an exemption for property of any kind up to $6,000 with some limitations.  To see this statute, please click here.