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MSU Extension Recommends Filing Homestead Declaration to Protect Value of Home


January 6, 2021

MSU News Service

BOZEMAN – Montana State University Extension has a MontGuide regarding homestead declaration and the benefits it gives homeowners.

“Make a New Year’s resolution to protect your home’s value,” said Marsha Goetting, MSU Extension family economics specialist. “By signing and filing a legal document known as a homestead declaration, Montanans can protect their property up to $250,000 in value against a creditor’s claims. As an example, a wife discovered her husband had accumulated $15,000 in gambling debt. She was relieved when the attorney told her the homestead...

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