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A Will consists of various things, but the four major ones are: Name and information regarding the testator for will planning. Name and power of the executor of estate wills. Appointment of legal guardians through family law advice. Listing the legal assets for asset prevention. Information Regarding the testator.
Generally speaking, there are three kinds of Wills: (1) holographicwritten entirely in the handwriting of the person writing the Will; (2) standard, formal typewrittenprinted or typed; and (3) partially handwritten and partially typed. The requirements for a valid Will are different for each type of Will.
In Alaska, anyone who is 18 years or older and of sound mind may make a valid Will. Being of sound mind for the purposes of making a Will is not too tough of a standard. Moments of forgetfulness or confusion do not prohibit someone from making a Will.
Made by a person 18 years or older. Made by a person of sound mind. Signed by the person making the Will. Signed by two witnesses within a reasonable time after they watch the person sign the Will or after the person making the Will tells the witnesses that the signature on the Will belongs to him or her.
1. Living Will. Despite the similarity in name, a Living Will actually does a lot more than a traditional Last Will and Testament can. Also called an Advance Healthcare Directive, a Living Will is good for end-of-life planning and to make your wishes known regarding medical care you may want in the future.
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Like the compensation laws in many other states, Alaskas executor compensation laws stipulate that an executor must be paid fairly for services provided. Many people think $25-$35/hour is reasonable, but a personal representative can also suggest different forms of payment in Alaska*.
Where do I file the probate case? You should file the documents to open a probate in the court located in the Alaska judicial district in which the deceased person lived at the time of his or her death.
Attested Written Wills By far the most common type of will, an attested written will is typed and printed, then signed by the testator and two witnesses. Witnesses must either see firsthand the testator signing the document or hear the declaration of the will.
Made by a person 18 years or older. Made by a person of sound mind. Signed by the person making the Will. Signed by two witnesses within a reasonable time after they watch the person sign the Will or after the person making the Will tells the witnesses that the signature on the Will belongs to him or her.
1. Attested Written Wills. By far the most common type of will, an attested written will is typed and printed, then signed by the testator and two witnesses. Witnesses must either see firsthand the testator signing the document or hear the declaration of the will.