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Old 05-02-2010, 01:04 PM
 
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One thing to keep in mind is the "homestead" exemption that some states offer.

If you have equity tied up in a primary residence, it may be IMMUNE to lawsuits, so owning a house is a way to protect your assets better than say, owning stock in a brokerage account.

Take FL for example: Homestead exemption in Florida - Wikipedia, the free encyclopedia
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