Florida Exemptions

HOMESTEAD:
 
·    160 acres outside a municipality or one half acre in a municipality, including a mobile home or modular home used as a residence. Unlimited value subject to the provisions of BAPCA.

RETIREMENT ACCOUNTS:

·    Retirement benefits - Public employees-100%

·    Retirement benefits - county and state officers and employees-100%

·    Retirement benefits - Firemen-100%

·    Retirement benefits - Police-100%

·    Pension money of U.S. pensioner: 3 months if needed for support

·    Retirement, profit-sharing, stock bonus plans, annuities qualified under IRS 1986-100%

·    Retirement benefits - Teachers-100%

AUTOMOBILE:

·    $1,000 of equity in one automobile per debtor

PERSONAL PROPERTY (WILDCARD):

·    $1,000 of personal property per debtor

ADDITIONAL PERSONAL PROPERTY FOR NON-HOMEOWNERS ONLY:

            ·    $4,000 of personal property per debtor (effective 07/01/2007)

PUBLIC EMPLOYEES:

·    Government employee benefits – 100%

·    Health insurance - public employees – 100%

WAGES:

·    Disposable earnings-head of family earning <= $500/week-100%

·    Disposable earnings-head of family earning > $500/week: greater of 75% or 30 X federal minimum wage

·    Disposable earnings: non-head of family: greater of 75% or 30 X federal minimum wage

·    Wages, travel expenses, or unemployment compensation payments under § 222.15 (travel expenses shall not exceed $300)

·    Unemployment Compensation Benefits - 100% except for support obligations

LIFE INSURANCE:

·    Life Insurance proceeds-100%

·    Life Insurance policies - cash surrender value or proceeds of annuity contracts-100%

DISABILITY:

·    Disability benefits-100%

·    Health aids, professionally prescribed-100%

·    Social Security, Public Assistance Benefits – 100%

·    Veteran's Benefits - 100%

·    Workers' compensation benefits – 100%

·    Damages for injury or death at work, hazardous occupations -100%

MISCELLANIOUS:

·    Alimony, child support - amount reasonably necessary

·    FL Prepaid College Trust Fund/Medical Savings Account -100%

·    Earned Income Tax refunds or credits; does not apply to debts owed for child or spousal support

·    Pre-need Funeral Contract Consumer Protection Trust Fund-100%

·    Partner's Interest in Partnership Property – 100%

·    Fraternal Benefit Society Benefits - 100%

·    Crime victim's compensation-100%