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  • P-120 Affidavit For Release Of Property To Temporary Custodian (5/12). Probate Forms - Courts Alaska

Get P-120 Affidavit For Release Of Property To Temporary Custodian (5/12). Probate Forms - Courts Alaska

Affidavit For Release of Property To Temporary Custodian Under AS 12.65.105 Notice To Person Holding Property of Decedent: Alaska Statute 12.65.105 allows you to release tangible personal property*.

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In Alaska, you can make a living trust to avoid probate for virtually any asset you own—real estate, bank accounts, vehicles, and so on. You need to create a trust document (it's similar to a will), naming someone to take over as trustee after your death (called a successor trustee).

An "Affidavit for Collection of Personal Property of a Decedent" is a document proscribed by Alaska law that may be used in the case of a decedent leaving a few assets, but not enough for probate.

An Alaska small estate affidavit allows the successors of a person who has passed away to collect property of the person who died without having to go through the added time of the probate process.

Rule 12 - Closing Estates (a)Duty to Close Estates. When a personal representative has completed administration of the estate, the personal representative either shall petition to close the estate by formal closing under AS 13.16. 620 or AS 13.16. 625 or file a sworn statement under AS 13.16.

Why Informal. Why Informal? Filing Informally means that there is no need to have a hearing in front of the Judge of Probate. It is necessary to have a Personal Representative appointed to manage property and debts of a deceased person and distribute inheritances.

What is informal probate? Informal probate is a court process that allows the Personal Representative to transfer the property of a person who died to the persons who are supposed to receive it with minimal court supervision. If a probate is necessary, this is the most common type.

Alaska has two ways of avoiding probate. One is an affidavit procedure that allows heirs to completely skip probate when the value of the estate is $50,000 or less after liens, encumbrances, and the value of vehicles that are $100,000 or less have been subtracted.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232