Important Update The FinCEN Residential Real Estate Reporting Rule referenced in this article has been struck down by a federal court and is not currently in effect. The legal landscape may continue to change. A new federal rule is changing how certain real estate transactions are handled, and mistakes can be costly. The Financial Crimes […]
You’ve carefully drafted your will. Every decision about who gets what felt deliberate and final, but here’s something that catches people off guard: if you’re married, your spouse might have the legal right to claim a portion of your estate regardless of what your will says. Surprised? You’re not alone. Montana law recognizes that marriage […]
Easements shape how you can use your Montana ranch or rural property. They’re legal agreements that give someone else the right to use a portion of your land for a specific purpose. You still own the property. But you’ve got to let the easement holder use it the way the agreement says. This gets complicated […]
You might think Montana follows community property rules for estate planning. It doesn’t. Montana’s actually an equitable distribution state, and that difference really matters when you’re putting together a will or planning what happens to your assets. What Community Property Actually Means Nine states use community property laws. Montana isn’t one of them. In genuine […]
Here’s something most Montana property owners don’t think about: someone could potentially claim legal ownership of your land just by using it long enough. Sounds crazy, right? But adverse possession laws exist in every state, and Montana is no exception. What Is Adverse Possession In Montana Adverse possession lets someone gain ownership of property that […]
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