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How do I avoid probate in Alaska?

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.

What is the survival statute in Alaska?

The Alaska law which provides for survival actions is found at Alaska statute 09.55. 570, which law requires any money allowed for pre-death pain-and-suffering be passed into the estate of the decedent (regardless of whether there are surviving dependents). Wrongful Death and Survival Actions in Alaska - Eric Derleth Trial Lawyer trialguy.com wrongful-death-and-survival trialguy.com wrongful-death-and-survival

What triggers probate in Alaska?

A probate is required when a person dies and owns property that does not automatically pass to someone else, or the estate doesnt qualify to use the Affidavit for Collection of Personal Property procedure. A probate allows a Personal Representative to transfer legal title of that property to the proper persons.

Is joint tenancy legal in Alaska?

There is no joint tenancy in real estate, except for husband and wife, who may own as tenants by the entirety (see below). Tenancy by the entirety. This form of joint ownership is similar to joint tenancy, but is available only to married couples. In Alaska, tenancy by the entirety is allowed for real estate only. Avoiding Probate in Alaska | Nolo Nolo legal-encyclopedia alaska- Nolo legal-encyclopedia alaska-

Does Alaska have right of survivorship?

If the property is held as tenants by the entirety or as Alaska Community Property with a right of survivorship, it passes automatically to the spouse who survives the person who died. There is no need to do anything to transfer the real property to the surviving spouse.

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Does Alaska have a transfer on death deed?

You must sign the deed and get your signature docHubd, and then record (file) the deed with the district recorders office before your death. Otherwise, it wont be valid. You can make a transfer on death deed for Alaska with WillMaker. Transfer on Death Deeds in Alaska | TOD - WillMaker WillMaker legal-manual transfer WillMaker legal-manual transfer

What are the inheritance laws in Alaska?

Spouses in Alaska Inheritance Law If you have no living parents or descendants, your spouse will inherit all of your intestate property. If you have living parents but no descendants, your spouse will inherit the first $200,000 of your intestate property. They will also inherit 3/4 of any remaining intestate property. Alaska Inheritance Laws: What You Should Know - SmartAsset SmartAsset financial-advisor alaska-in SmartAsset financial-advisor alaska-in

How much does an estate have to be worth to go to probate in Alaska?

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).

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