§ 72-6-101 Renumbered 72-9-101
§ 72-6-102 Renumbered 72-9-102
§ 72-6-103 Renumbered 72-9-103
§ 72-6-107 Renumbered 72-9-107
§ 72-6-108 Renumbered 72-9-108
§ 72-6-109 Renumbered 72-9-109
§ 72-6-110 Renumbered 72-9-110
§ 72-6-111 Nonprobate transfers on death
§ 72-6-112 Liability of nonprobate transferees for creditor claims and statutory allowances
§ 72-6-113 reserved
§ 72-6-114 Renumbered 72-9-114
§ 72-6-115 Renumbered 72-9-115
§ 72-6-116 Renumbered 72-9-116
§ 72-6-120 Renumbered 72-9-120
§ 72-6-121 Repealed
§ 72-6-122 Repealed
§ 72-6-123 Repealed
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Terms Used In Montana Code > Title 72 > Chapter 6 > Part 1 - Provisions Relating to Effect of Death

  • 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
  • Contract: A legal written agreement that becomes binding when signed.
  • Decedent: A deceased person.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Joint tenancy: A form of property ownership in which two or more parties hold an undivided interest in the same property that was conveyed under the same instrument at the same time. A joint tenant can sell his (her) interest but not dispose of it by will. Upon the death of a joint tenant, his (her) undivided interest is distributed among the surviving joint tenants.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • 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
  • 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
  • Statute: A law passed by a legislature.
  • Trustee: A person or institution holding and administering property in trust.
  • Writing: includes printing. See Montana Code 1-1-203