Table of Contents TITLE 72. ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS CHAPTER 16. INHERITANCE AND ESTATE TAXES Part 3. Application and Imposition of Tax -- Exemptions and Rates -- Property Valuation

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72-16-301 — Taxable transfers general... 72-16-302 — Transfer under power of a... 72-16-303 — Joint estates -- transfer... 72-16-304 — Insurance proceeds part o... 72-16-305 — Bequests to executors or... 72-16-306 — Recording date prima faci... 72-16-307 — Tax -- when imposed 72-16-308 — Tax to be on clear market... 72-16-311 — Exemption -- how taken 72-16-312 — Exemption -- transfers fo... 72-16-313 — (Temporary) Exemptions of... 72-16-314 — Probate code allowances a... 72-16-315 — Discretionary waiver of i... 72-16-316 — Exemption of tangible per... 72-16-317 — Credit allowance on inher... 72-16-318 — Child's credit for tax pa... 72-16-319 — Exemption -- transfer of... 72-16-321 — Primary rates -- amount r... 72-16-322 — Other rates -- amount rem... 72-16-323 — Exemption for closely hel... 72-16-331 — Definitions for alternate... 72-16-332 — Property acquired from de... 72-16-333 — Alternate valuation of ce... 72-16-334 — Election of alternate val... 72-16-335 — Valuation of farms 72-16-336 — Valuation of closely held... 72-16-337 — Application to certain bu... 72-16-338 — Disposition or failure to... 72-16-339 — When cessation of qualifi... 72-16-340 — Notice to heir of additio... 72-16-341 — Involuntary conversion of... 72-16-342 — Time limitations on asses... 72-16-343 — Special rules for survivi... 72-16-344 — Decedents who are retired... 72-16-345 — Active management by elig... 72-16-346 — No tax if use begins with... 72-16-347 — Special rule for disposit... 72-16-348 — Exchanges of qualified re... 72-16-349 — Treatment of replacement...

Mont. Code Ann. § 72-16-315

(1997)

Discretionary waiver of inheritance tax of surviving spouse

Notwithstanding any provision of law or statute in conflict herewith, the department of revenue, in its discretion, is authorized to issue a waiver of inheritance tax in the event of the death of any person leaving any real property or personal property, or both, in joint tenancy with a surviving spouse, if the value of the property of the decedent is less than the inheritance exemption allowed by law to the surviving spouse.

Official Annotations archive.org, 1997 edition

History:

EnactedEn. SectionSec. 1, ChapterCh. 147, Laws ofL. 1969

AmendedAmd. SectionSec. 76, ChapterCh. 391, Laws ofL. 1973

Revised Codes of MontanaR.C.M. 1947, 91-4414.1.

Source text on leg.mt.gov