top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

Storage Goods in Another State - Same Exemptions Apply?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Storage Goods in Another State - Same Exemptions Apply?

    I live in California (have for years), where the exemptions are 'generous'. We get to exempt househood furnishings, clothes, appliances, and personal goods up to $525 per item. Question: I maintain a storage unit in another STATE that contains household goods. Do the same exemptions (up to $525 per item) apply to the stuff in storage, or, would those goods be considered non-exempt as they are not at my residence?

    It's definitely my property, just don't know whether the fact that the stuff is stored elsewhere would change how (or whether) an exemption would be applied. Thank you.

    #2
    I've never heard that it matters where the goods are stored, for what it's worth.

    Comment


      #3
      Originally posted by mtbc View Post
      I've never heard that it matters where the goods are stored, for what it's worth.
      That would be great news if the same exemptions apply. Given the age of most of the items, with few exceptions, they would all be exempt.

      Btw, there's been a car parked out front of this building for hours. Middle aged, white, male. Pretty sure he's a P.I.!!

      Comment


        #4
        Originally posted by mtbc View Post
        I've never heard that it matters where the goods are stored, for what it's worth.
        You are correct; I got the answer confirmed by an attorney today. As long as I have lived long enough in CA to qualify for taking CA exemptions (I have), it doesn't matter that those goods are in another state. The same exemptions apply.

        Comment

        bottom Ad Widget

        Collapse
        Working...
        X