§ 72-3-1001 Formal proceedings terminating administration — testate or intestate — order of complete settlement
§ 72-3-1002 Order of complete settlement as to persons previously omitted or unnotified in previous formal testacy proceeding
§ 72-3-1003 Formal proceedings terminating administration under informally probated will — settlement order construing will without adjudicating testacy
§ 72-3-1004 Closing estate by sworn statement of personal representative
§ 72-3-1005 Final accounting required to close estate
§ 72-3-1006 Certificate
§ 72-3-1011 Limitation on actions against personal representative
§ 72-3-1012 Liability of distributees to claimants
§ 72-3-1013 Limitation on actions against distributees
§ 72-3-1014 Certificate discharging liens securing fiduciary performance
§ 72-3-1015 Estate to be closed within two years
§ 72-3-1016 Subsequent administration upon discovery of other property
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Terms Used In Montana Code > Title 72 > Chapter 3 > Part 10 - Closing Estates

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Decedent: A deceased person.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiduciary: A trustee, executor, or administrator.
  • Fraud: Intentional deception resulting in injury to another.
  • Intestate: Dying without leaving a will.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
  • Probate: Proving a will
  • Property: means real and personal property. See Montana Code 1-1-205
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
  • Testate: To die leaving a will.
  • United States: includes the District of Columbia and the territories. See Montana Code 1-1-201
  • Writing: includes printing. See Montana Code 1-1-203