These days, it’s apparent that a lot of people are worried about losing their homes. But so few people use the proper legal documentation to ensure that they’re as protected as can be that we find it gives new meaning to the phrase “knowledge is power.” There’s more to protecting your own home legally than simply living in it and paying the bills – in fact, you can file a declaration of homestead to protect yourself in certain circumstances.
Declaring your homestead with a Homestead Declaration form means you’ll be able to get certain protections from creditors and other people who want to collect money out of you by taking value out of your home. Declaring a homestead means just that – you declare where you live and where your family (if applicable) resides. This will help ensure that no one can simply put you out on the street because they need to collect money from you.
Filing a Homestead Declaration is not as difficult as you think. In fact, it can be relatively quick and painless, particularly if you’re using a downloaded form for declaring your homestead.
It’s important to remember that you’ll want to find a declaration form that applies to the specific laws in your state – in fact, the declarations might not be worth much in certain states depending on your local laws. The statutes that govern these homesteads in the states that do allow this type of declaration will also vary, so you’ll want to make sure you understand how your state protects homestead. There might be greater variability than you think. If you look at one of the attorney-prepared homestead declaration forms we have below, be sure to view the version drafted to be used in your state. That will give you all the state specific details you will need to ensure that your Homestead Declaration is done properly.
Using a homestead declaration is also just one tool in your arsenal for protecting yourself, your family, and your home, so be sure that you use every legal resource that’s available to you.
To download homestead declaration forms for you state, CLICK HERE.