MSU Extension Office: Alphabet Soup Estate Planning: FETs, MSAs, PODs, TODs, and BDs

This is one of a series of articles focusing on estate and legacy planning. Authors are Kaleena Miller, Madison-Jefferson County Extension Agent, kaleena.miller1@montana.edu, and Marsha A. Goetting, MSU Extension Family Economics Specialist, marsha.goetting@montana.edu.

During her estate planning meetings across the state, Dr. Goetting is often asked, "How do I avoid paying death taxes?" Dodging the Montana death tax is easy, says Marsha Goetting, MSU Extension Family Economics Specialist Goetting. Montana has not had an inheritance tax since 2001. Any property you own is no longer subject to...