The Homestead Law does not provide protection against tax obligations nor secured claims, such as a residential mortgage; however, a Declaration of Homestead is a means of protecting some of a home’s equity from unsecured creditors. A Homestead Declaration provides that:
 A creditor cannot foreclose upon the home to collect a debt;
 Even after death, an individual’s heirs will still be protected; and
 A spouse is not required to have his or her name on the title of a home to obtain protection.