I won’t tell you which states are involved but there is a homestead law in one state and not in the other. Therefore, all of the people who had large assets to protect simply moved across the state line in order to protect their money. A homestead law beats not having one, just like healthy gum tissue beats out on gum disease every single day of the week.
Therefore, you have people who are legally protected in one state and those who are legally ‘unprotected’ so to speak, in the other state. Which state would you prefer to live in? Smart legislators enacted this law in order to get a larger taxpayer base.
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