Exempt property
id:
exempt-property-294-2048234
title:
Exempt property
text:
Exempt property, under the law of property in many jurisdictions, is property that can neither be passed by will nor claimed by creditors of the deceased in the event that a decedent leaves a surviving spouse or surviving descendants. Typically, exempt property includes a family car, and a certain amount of cash, or the equivalent value in personal property. Exempt property calculations and provisions are determined on a state-by-state basis. This is important within the bankruptcy process, and
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Exempt_property
date created:
date modified:
2022-02-05T01:31:34Z
main entity:
{"identifier":"Q5420005","url":"https://www.wikidata.org/entity/Q5420005"}
image:
fields total:
13
integrity:
13