Alaska Notice to Beneficiaries of being Named in Will

All taxes and liabilities paid from the estate, including medical expenses, attorney fees, burial or cremation expenses, estate sale costs, appraisal expenses, and more. The executor should keep all receipts for any services or transactions needed to liquidate the assets of the deceased.

Beneficiaries of a will must be notified after the will is accepted for probate. 3feff Moreover, probated wills are automatically placed in the public record. If the will is structured to avoid probate, there are no specific notification requirements. 4feff This is relatively rare.

Call the probate court to obtain the name and phone number of the executor, if you cannot obtain it from family members. Ask the executor of the will whether you are a beneficiary in your relative's will. Ask for a copy of the will so you can verify the information he provided.

As Executor, you should notify beneficiaries of the estate within three months after the Will has been filed in Probate Court. For beneficiaries of assets that are not included in the will (and therefore do not pass through Probate) there are no specific notification requirements.

For a beneficiary to effectively monitor the administration of estate property it goes without saying the beneficiary needs information regarding the performance of the executor's duties and powers. To this end the law has imposed on executors and trustees a duty to account beneficiaries.

Accounts or assets with named beneficiaries may be transferred without going through the probate process. Assets with joint ownership with right of survivorship pass to the second owner when the first owner dies.

The Probate Process After examining the will, the probate court collects the assets of the deceased and distributes them to the heirs as named in the will. Beneficiaries must be notified when a will is submitted for probate. In any case, the will is available for public review.

One of the most important jobs for an executor is to keep beneficiaries in the loop as you work to settle the estate.When you're serving as executor, the single best way to avoid problems with beneficiaries is to keep them informed about the process and make your actions as transparent as possible.

As an heir, you are entitled to a copy of the Will, whether you are named as a beneficiary or not. If there is a probate estate, then you should receive a copy of the Will. If you do not, you can always get it from the court. If there is no probate estate, then the Will is not going to do anything.