ASSET | EXEMPTION | LAW |
homestead | Unlimited; property cannot exceed 10 acres in town, village, city or 100 acres (200 for families) elsewhere; sale proceeds exempt for 6 months after sale (renting okay if another home not acquired, Prop. 41.003) Must file homestead declaration, or court will file it for you & charge you for doing so | Prop.41.001;41.002; Const. Art.16. SS 50, 51 ________________ Prop. 41.005(f); 41.021 to 41.023 |
personal property To $60,000 total for family, $30,000 for single adult (see also tools of trade) | Athletic & sporting equipment, including bicycles Burial plots (exempt from total) Clothing & food Health aids (exempt from total) Home furnishings including family heirlooms Jewelry (limited to 25%of total exemption) Pets & domestic animals plus their food: 2 horses, mules, or donkeys & tack; 12 head of cattle; 60 head of other livestock; 120 fowl 1 two-, three-, or four-wheeled motor vehicle per family member or single adult who holds a driver’s license; or, if not licensed, who relies on someone else to operate vehicle 2 firearms | Prop.42.002(a)(8) Prop.41.001 Prop.42.002(a)(2),(5) Prop. 42.001(b)(2) Prop.42.002(a)(1) Prop.42.002(a)(6) Prop. 42.002(a)(10),(11)
Prop. 42.002(a)(9)
Prop. 42.002(a)(7) |
pensions | County & district employees ERISA-qualified government or church benefits, including Keoghs & IRAs Firefighters
Judges Law enforcement officers, firefighters, emergency medical personnel survivors Municipal employees & elected officials, state employees Police officers
Retirement benefits to extent tax-deferred Teachers | Gov’t. 811.006 Prop.42.0021
6243e(5); 6243a-1(8.03); 6243b(15); 6243e(5); 6243e.1(1.04) Gov’t. 615.005 Gov’t. 615.005
6243h(22); Gov’t 811.005 6243d-1(17); 6243j(20); 6243a-1(8.03); 6243b(15); 6243d-1(17) Prop.42.0021 Gov’t 821.005 |
public benefits | Crime victim’s compensation Medical assistance Public assistance Unemployment compensation Workers’ compensation | Crim. Proc.56.49 Hum. Res. 32.036 Hum. Res. 31.040 Labor 207.075 Labor 408.201 |
wages | Earned but unpaid wages Unpaid commissions not to exceed 25% of total property exemptions | Prop.42.001(b)(1) Prop.42.001(d) |
tools of trade included in aggregate dollar limits for personal property | Farming or ranching vehicles & implements Tools, equipment (includes boat & motor vehicles used in trade), & books | Prop.42.002(a)(3) Prop.42.002(a)(4) |
insurance | Church benefit plan benefits Fraternal benefit society benefits Life, health, accident, or annuity benefits, monies, policy proceeds, & cash values due or paid to beneficiary or insured Texas employee uniform group insurance Texas public school employees group insurance Texas state college or university employee benefits | 1407a (6) Ins. 885.316 Ins. 1108.051
Ins. 1551.011 Ins. 1575.006 Ins. 1601.008 |
miscellaneous | Alimony & child support Higher education savings plan trust account Liquor licenses & permits
Prepaid tuition plans Property of business partnership | Prop. 42.001(b)(3) Educ. 54.639 Alco.Bev.Code 11.03 Educ.54.639 6132b-5.01 |
