Homestead Law
Last Review
Statutes
"Every resident of the state is entitled to a homestead not exceeding $100,000.00 in value, exempt from execution and attachment arising from any debt, contract or civil obligation entered into or incurred. (W.S. § 1-20-101)
The homestead is only exempt while occupied as such by the owner or the person entitled thereto, or his or her family. When 2 or more persons jointly own and occupy the same residence, each shall be entitled to the homestead exemption. (W.S. § 1-20-102)
When any person dies seized of a homestead leaving as survivor a widow, husband or minor children, the survivor is entitled to the homestead. If there is no such survivor, the homestead is liable for the debts of the deceased. (W.S. § 1-20-103)
The homestead may consist of a house on a lot or lots or other lands of any number of acres, or a house trailer or other movable home on a lot or lots, whether or not the house trailer or other movable home is equipped with wheels or resting upon immovable support. (W.S. § 1-20-104)"
Cases
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