Get Transfer on Death Deed or TOD - Beneficiary Deed - Individual to Two Individuals

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2016 U.S. Legal Forms, Inc.ARIZONA BENEFICIARY DEED [Individual to Two Individuals]Control Number: AZ02877I. TIPS ON COMPLETING THE FORMS The form(s) in this packet may contain form fields created
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FAQ

In performing his or her duties a personal representative must follow procedures in the Montana Uniform Probate Code. A personal representative must be 18 or more years of age. A Montana personal representative need not be a resident of the same county or state as the deceased.

To be appointed executor or personal representative, file a petition at the probate court in the county where your loved one was living before they died. In the absence of a will, heirs must petition the court to be appointed “administrator” of the estate.

To become the personal representative, you must file an Application for Administration for an intestate estate. The application must be filled out with the required information, including your priority for being appointed personal representative and the names and addresses of the surviving spouse and all beneficiaries.

A personal representative is an individual you place in charge of settling your estate after your death, also sometimes referred to as an executor — or executrix if she is a female. Sometimes the personal representative of an estate without a will is called an administrator.

A personal representative generally has 12 months from the date letters of administration are issued to close an estate in probate, but a probate court may grant an extension if there is a good reason for it.

Can an Executor of a Will Also Be a Beneficiary? ... Since family members are often the most trusted people in the testator's life, one or more of them are frequently named as personal representatives even though they may also be devisees, or beneficiaries, under his will.

Under Montana statute, where as estate is valued at less than $50,000, an interested party may, thirty (30) days after the death of the decedent, issue a small estate affidavit to to demand payment on any debts owed to the decedent.

In Montana, you can make a living trust to avoid probate for virtually any asset you own -- real estate, bank accounts, vehicles, and so on. You need to create a trust document (it's similar to a will), naming someone to take over as trustee after your death (called a successor trustee).

In performing his or her duties a personal representative must follow procedures in the Montana Uniform Probate Code. A personal representative must be 18 or more years of age. A Montana personal representative need not be a resident of the same county or state as the deceased.

For “ordinary” services, a lawyer can collect: 4% of the first 100,000 of the gross value of the probate estate. 3% of the next $100,000. 2% of the next $800,000.