Homeowners can take advantage of what's called a homestead exemption, a concept that enables homeowners to protect the value of their primary residence from creditors and property taxes.That is not all, a homestead exemption can also protect a surviving spouse in the event of the death of a spouse.Modern-day homesteading is a conscious and voluntary attempt to live a life of self-sufficiency. Fortunately, we live in a time where the 21st-century homesteader has a lot more information, convenienc...