August 28, 2014

WI – Homestead Exemption

Wisconsin Homestead Protection

A Homestead exemption of $40,000 may be claimed by owners and occupiers of real property.   It may be claimed by either husband or wife, individually or jointly; if claimed jointly, the proportionate shares may not exceed $40,000.  The exemption applies to husband and wife owning the land jointly, as tenants in common, or as marital property.  To view this statute, please click here