The bill proposes to revise probate law by increasing the threshold for the value of probate estates that can be collected through a personal property affidavit. Specifically, it raises the limit from the current amount to $100,000, allowing for a more streamlined process for individuals dealing with smaller estates.

Additionally, the bill includes amendments to Section 72-3-1101 of the Montana Code Annotated (MCA) to reflect this change. This adjustment aims to simplify the probate process for estates of this value, making it easier for heirs and beneficiaries to access personal property without the need for formal probate proceedings.

Statutes affected:
SB0286_1.pdf: 72-3-1101
SB0286_2.pdf: 72-3-1101
Amended: 72-3-1101
Introduced: 72-3-1101