Colorado law provides a homestead exemption that protects a portion of equity in a primary residence, with higher protection for eligible elderly or disabled owners. The legislature updated these amounts in 2022. Colorado also exempts various categories of personal property and certain earnings, with specific dollar caps. Exemptions can be crucial in broader asset preservation and estate planning. Understanding exact limits helps prioritize which assets to shield and how to hold them. See the homestead legislation and the exemptions statute.