Montana Code 72-6-414. Liability for creditor claims and statutory allowances
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72-6-414. Liability for creditor claims and statutory allowances. A beneficiary of a transfer on death deed is liable for an allowed claim against the transferor‘s probate estate and statutory allowances to a surviving spouse and children to the extent provided in 72-6-112.
Terms Used In Montana Code 72-6-414
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Probate: Proving a will
- Transferor: means an individual who makes a transfer on death deed. See Montana Code 72-6-402