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Homestead law in NV when it's over the homestead statutory maximum

Got a question in NV the homestead will be protected up to $605,000, later if my equity is over 605k then what happens when there is trouble? Can they sell the house and get their debt back? and after they take away their portion of debt and rest is down to 605k cash, what happens to the 605k cash? I suppose it's no longer protected since it's not a house anymore? and if there are more than one creditors then they can take from the 605k too or? (I am just wondering about this. I am not currently in trouble )

So is the best strategy to keep the equity under 605k or what? Take out 2nd mortgage and keep it under 605k?

How effective is it? will it protect the house like it says when the trouble comes?

Homestead law is here and it's not very clear/detail https://www.clarkcountynv.gov/government/assessor/home_stead.php It says It covers "accidents" , is that like a car accident, or when you accidentally hit someone from a golf swing? UPS guy trip on your property? or what? The site is pretty brief so I was wondering about that. Thanks for your help.

submitted by /u/Suiken01
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source https://www.reddit.com/r/RealEstate/comments/qib2qn/homestead_law_in_nv_when_its_over_the_homestead/
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