This local option prevents any large shift of the property tax burden to the residential class of property owners after a revaluation. Exemption applications must be filed with your local assessor's office.See our Municipal Profiles for your local assessor's mailing address. Q: How can I get my current property tax bill? Homestead exemption protect property assets from probate. Properties recognized under laws of homestead are off-limits to creditors seeking attachment. Attach additional page(s) as necessary. New York State facilitates a tax relief program known as the School Tax Relief (STAR) credit. This web page is to make homeowners in the Town of Smithtown aware of several Real Property Tax Exemptions that are currently available. Protect home from lawsuits.