Personal Representative Form Montana

State:
Florida
Control #:
FL-038-78
Format:
Word; 
Rich Text
Instant download

Description

This form is a Personal Representative's Deed of Distribution where the Grantor is an Individual appointed as personal representative of the estate and the Grantee is the beneficiary entitled to receive the property from the estate. Grantor conveys the described property to Grantee and only covenants that the transfer is authorized by the Court and that the Grantor has done nothing while serving as personal representative to encumber the property. This deed complies with all state statutory laws.

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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.

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Personal Representative Form Montana