Accepted Answer

Good morning,

You are correct, if your deed of trust reads that you and your husband as took the property as Tenancy by the Entirety, then only joint debts of the marriage can result in attachment of the marital home.

Under that circumstance, when you file for your homestead protection, because you don't need the exemption for the house, you can use up to $5,000.00 as a wildcard exemption in any type of property to the extent it is not used for the residence. This will protect for example certain bank accounts, stocks, automobiles, etc.

I wish the best for you

Thank you very much for having allowed me to assist you. It would be greatly appreciated if you would click the green Accept icon so that I can receive credit for having assisted you.

Best regards,

Doug

Expert:	LawTalk
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Answered:	3/6/2009

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I am a practicing attorney with more than 25 years of experience in the legal field.