Homestead Exemption

There is no homestead exemption offered.  To view the exempt property statute, please click here.

Life Insurance and Annuities

Proceeds from a life policy are exempt if the policy or supplemental agreement provides that the proceeds and income from the policy are not assignable.  To see this statute, please click here. § 8124(c)(4)

If the policy was created to benefit a spouse, child, or dependent relative of the insured the proceeds are exempt unless the judgment creditor is that spouse, child, or dependent relative of the insured.  To see this statute, please click here. § 8124(c)(6)

Group life insurance policies are exempt.  To see this statute, please click here. § 8124(c)(5)

Annuities are exempt if the solvent insured is the beneficiary; this exemption may not exceed $100 per month.  To see this statute, please click here.

§ 8124(c)

IRA

ERISA qualified plans are exempt.  To see this statute, please click here.

§ 8124(b)(1)(ix)

Pensions

Public School Employees, State Employees, and other Pensions, including self-employed funds (for payments made while solvent), are exempt.  To see this statute, please click here.

Corporate Protections

Business Acts

1.      Pennsylvania Corporation Act

a.      To view this Act, please click here.

2.      Pennsylvania Registered Limited Liability Partnership Act

a.      To view this Act, please click here.

3.      Pennsylvania Limited Partnership Act

a.      To view this Act, please click here.

4.      Pennsylvania Limited Liability Company Act

a.      To view this Act, please click here.

The Asset Protection Society makes every attempt to keep the material on its web-pages up to date and accurate. Having said that, The APS does not warrant the material on this site and you should ALWAYS seek out the advice of a local advisor in your state who can give you individual advice for your particular situation and confirm the status of your state laws.