Maine Financial Planning Exemptions
Retirement Accounts Exemption: up to $1,000,000
Homestead Exemption: $47,500 for individual or $95,000 if minor dependents live with owner,
or if 60 or older or if physically or mentally disabled.
Life Insurance Exemption: Interest of beneficiary in proceeds and avails 100% protected. Interest
of owner protected up to $4,000.
Annuity (Non-IRA/ERISA) Cash Value Exemption: 100% to the extent reasonably necessary for the support of the debtor
and any dependent of the debtor.
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contained on this site or the information linked to on the state site.
Please check official sources.
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