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File a sworn statement to close the probate or petition the court for a final hearing. To close a small estate, you may file a ?Sworn Statement of Personal Representative Closing Small Estate." When probate is complete but at least 6 months after date of first publication of Notice to Creditors.
A probate is required when a person dies and owns property that does not automatically pass to someone else, or the estate doesn't qualify to use the Affidavit for Collection of Personal Property procedure.
Informal probate is simpler than formal probate. In fact, informal probate cases usually don't require any hearings. This section covers what to do when you want to (1) open an informal probate and (2) appoint a Personal Representative.
If you create a revocable trust, you will need to choose a Trustee and decide how the property will be managed after you die. 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.
There is no limit to when you can file a will with probate court after the deceased passes in Alaska. However, when you file may determine which probate process you can take. You need to file within the three years after the deceased's passing to qualify for informal probate.
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.
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).
Only property owned by the person who died which does not pass automatically to a survivor must go through probate. The title to some property passes to a survivor without filing anything with the court. This type of property is called nonprobate property.