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Video Guide on Estate Planning in Alaska management

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Commonly Asked Questions about Estate Planning in Alaska

A Will usually must be all of these things: Written. Made by a person 18 years or older. Made by a person of sound mind.
In Alaska, a handwritten Will, also called a holographic Will, can be valid and enforceable. The same rules apply to handwritten Wills as apply to typed Wills, except with respect to the witness requirement. In other words, all of the information in this classroom applies equally to both typed and handwritten Wills.
If you want to avoid probate, you will also need to transfer ownership of all of your property to the revocable trust or name the revocable trust as a beneficiary of your property.
A probate is needed to transfer legal title to the property owned by the person who died whether or not the person left a Will. The probate process is generally the same with or without a Will. The main difference is to whom the persons property passes at the end of the probate.
In fact, many estates can be settled without any court involvement at all. Estates valued at less than $50,000, plus $100,000 worth of motor vehicles, can often avoid the probate process in court, provided the estate contains no real property (land or a home).
Probate. If you are named in someones will as an executor, you may have to apply for probate. This is a legal document which gives you the authority to share out the estate of the person who has died ing to the instructions in the will. You do not always need probate to be able to deal with the estate.
All other properties and wills in Alaska must go through probate court for either formal or informal probate. Wills can go through informal probate if you submit them within three years of the deceaseds passing, have the original copy of the will and there are no objections or contests to it.