7/21/2019 Guide to Exemption Options

http://slidepdf.com/reader/full/guide-to-exemption-options 1/13

  1

Guide To Exemption Options For Nonresident Debtors

John R. Bates 

1 2 3 4 5 6 

State Whose Lawis ApplicableT

1Does The State Allow

Nonresidents2 To

Use Its Exemptions?3

Are The State’sExemptions

Extraterritorial?4

Does the State AllowNonresidents

5 To Use The

Federal Exemptions?6

Result: Which ExemptionsMay Nonresidents

7 Use?

State Whose Law isApplicable (Same

as Column 1) 

If there is no state8  Not applicable Not applicable Not applicable Federal9  None

Alabama

 No10 Irrelevant11  Yes12 Federal13 Alabama

Alaska No14 Irrelevant15 Yes16 Federal17 Alaska

Arizona

 No18 Irrelevant19 Yes20 Federal21 Arizona

Arkansas No22 Irrelevant23 Yes24 Federal25 Arkansas

California

Yes26 Yes27  No28 State California

Colorado No29 Irrelevant30 Yes31 Federal32 Colorado

Connecticut

Yes33 Unknown34 Yes35 State or Federal Connecticut

Delaware No36 Irrelevant37 Yes38 Federal39 Delaware

District Of Columbia No40 Irrelevant41 Yes42 Federal43 District Of Columbia

Florida No44 Irrelevant45 Yes46 Federal47 Florida

Georgia

 No48

Irrelevant49

Yes50

Federal51 Georgia

Hawaii Yes52  Not Homestead 53 Yes54 State or Federal55  Hawaii

Idaho

 No56 Irrelevant57  No58 Federal59 Idaho

Illinois Yes60 Unknown61 Yes 62 State or Federal63 Illinois

Indiana

 No64 Irrelevant65 Yes66 Federal67 IndianaIowa Homestead 68 Homestead 69  No70 State or Federal71 Iowa

Kansas

Some72

 No73

 No74

State or Federal75 Kansas

Kentucky Some76  Not Homestead 77 Yes78 State or Federal79 Kentucky

Louisiana

Yes80 Unknown81  No82 State Louisiana

Maine Yes83 Unknown84  No85 State Maine

Maryland

 No86 Irrelevant87  No88 Federal89 Maryland

Massachusetts Yes90 Unknown91 Yes92 State or Federal Massachusetts

Michigan

Yes93  No94 Yes95 State or Federal96 Michigan

Minnesota Yes97 Yes98 Yes99 State or Federal Minnesota

Mississippi

 No100  Irrelevant101 Yes102 Federal103 Mississippi

Missouri Yes104 Yes105  No106 State Missouri

Montana

 No107 Irrelevant108  No109 Federal110 Montana

 Nebraska Yes111 Unknown112  No113 State Nebraska

 Nevada

Yes114 Unknown115 Yes116 State or Federal117  Nevada

 New Hampshire Yes118 Yes119 Yes120 State or Federal New Hampshire

 New Jersey

Yes121

Unknown122

Yes123

State or Federal New Jersey

 New Mexico Some

124

Unknown

125

Yes

126

State or Federal

127

 New Mexico

 New York

 No128 Irrelevant129 Yes130 Federal131  New York

7/21/2019 Guide to Exemption Options

http://slidepdf.com/reader/full/guide-to-exemption-options 2/13

7/21/2019 Guide to Exemption Options

http://slidepdf.com/reader/full/guide-to-exemption-options 3/13

7/21/2019 Guide to Exemption Options

http://slidepdf.com/reader/full/guide-to-exemption-options 4/13

7/21/2019 Guide to Exemption Options

http://slidepdf.com/reader/full/guide-to-exemption-options 5/13

7/21/2019 Guide to Exemption Options

http://slidepdf.com/reader/full/guide-to-exemption-options 6/13

7/21/2019 Guide to Exemption Options

http://slidepdf.com/reader/full/guide-to-exemption-options 7/13

7/21/2019 Guide to Exemption Options

http://slidepdf.com/reader/full/guide-to-exemption-options 8/13

7/21/2019 Guide to Exemption Options

http://slidepdf.com/reader/full/guide-to-exemption-options 9/13

7/21/2019 Guide to Exemption Options

http://slidepdf.com/reader/full/guide-to-exemption-options 10/13

7/21/2019 Guide to Exemption Options

http://slidepdf.com/reader/full/guide-to-exemption-options 11/13

7/21/2019 Guide to Exemption Options

http://slidepdf.com/reader/full/guide-to-exemption-options 12/13

7/21/2019 Guide to Exemption Options

http://slidepdf.com/reader/full/guide-to-exemption-options 13/13