Property held by a legal guardian for a veteran who has been found incompetent, or for a veteran’s minor dependent, is exempt from all taxes when it was paid for with money from the U.S. government. Real and personal property both qualify.
The guardian applies through the Montana Department of Revenue field office for the county where the property sits and shows where the purchase money came from.
The guardianship order, and records showing the property was bought with federal pension, compensation, insurance, adjusted compensation or gratuity payments.
