Property that is used as a residence by the debtor or a dependent of the debtor or a burial plot is exempt from creditors up to an aggregate value of $18,500.
If the debtor is unmarried and 65 years of age or older, $37,000 may be exempt; for this increased exemption the property must have been owned, by this debtor, as tenants by the entirety or joint tenants with rights of survivorship. This debtor’s co-owner must have predeceased him. To view this statute, please click here. |