Homestead Protection in Massachusetts

Homestead Protection in Massachusetts

Homestead protection in Massachusetts offers homeowners a way to protect the equity in their primary residence from certain creditors. Under the Massachusetts Homestead Act (https://www.mass.gov/info-details/massachusetts-law-about-homestead), homeowners can declare a homestead exemption, which safeguards up to $500,000 of the home’s value from unsecured creditors. This protection is automatic for all primary residences, but filing a declaration can provide additional benefits, such as protection for homes held in trusts. It’s an essential legal provision that offers financial security and peace of mind for homeowners.

If you are interested in declaring a homestead for your home, contact our offices at 413-732-8356.