Personal Representative Form Montana
Description
How to fill out Florida Personal Representative's Deed Of Distribution?
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FAQ
Small Estate Summary Administration ? If it appears from an inventory and appraisal that the value of the entire estate (less liens and encumbrances) does not exceed the homestead allowance of $22,500; exempt property of $15,000; family allowance of $27,000; cost and expenses of administration; reasonable funeral ...
If you make a will, you may nominate the person to administer the settlement of your estate. A testator (the person writing a will) only nominates a PR in a will. The clerk of court or the judge makes the appointment. In performing duties, a PR must follow procedures provided in the Montana Uniform Probate Code.
Montana Uniform Probate Code places limits on the amount of compensation that may be paid without a court order. The amount cannot exceed three percent of the first $40,000 of the value of the estate and two percent of the value of the estate in excess of $40,000.
In general, a personal representative settles and distributes the estate of the decedent ing to the terms of any valid will and the Montana Uniform Probate Code as quickly and efficiently as is consistent with the best interests of the estate.
In general, a personal representative settles and distributes the estate of the decedent ing to the terms of any valid will and the Montana Uniform Probate Code as quickly and efficiently as is consistent with the best interests of the estate.