Missouri HB2864 modifies property exemptions from attachment and execution, including household goods, retirement plans, and life insurance proceeds.
Missouri HB2864 modifies provisions relating to property exempt from attachment and execution. It exempts household furnishings, household goods, wearing apparel, appliances, books, animals, crops, or musical instruments held primarily for personal, family, or household use, up to $150,000 in total value. It also exempts a wedding ring and other jewelry, up to $1,500 and $500, respectively, and other personal property up to $600. Retirement plans, health savings plans, and life insurance proceeds are exempt, with specific limits and conditions.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.