A homestead exemption can benefit homeowners if one spouse in a twoincome household dies. The homestead can't exceed one acre in a city or 160 acres in a rural area.The Arizona homestead exemption is automatic, meaning that no written claim is required. The Arizona homestead exemption is automatic you don't have to file a homestead declaration to claim the homestead exemption in bankruptcy. There are some rules for the Homestead Exemption. You have to be at least 65 years old. The dwelling may be a house, condominium, or mobile home. A disabled veteran is eligible for a portion of the maximum exemption amount that is equal to the percentage of their disability, as set forth in the VA. The homestead exemption in West Virginia covers both real estate and personal property up to a certain value. Fill out the necessary application forms for the relevant exemptions.
