Alaska Affidavit by an Attorney-in-Fact in the Capacity of an Administrator of an Estate
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How to fill out Affidavit By An Attorney-in-Fact In The Capacity Of An Administrator Of An Estate?
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FAQ
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.
Under AS 12.65.105 Notice To Person Holding Property of Decedent: Alaska Statute 12.65. 105 allows you to release tangible personal property* of the decedent named below to the person who signs this affidavit (the affiant). However, you are not required to do so.
The court shall appoint counsel or a guardian ad litem only when the court specifically determines that the appointment is clearly authorized by law or rule, and that the person for whom the appointment is made is financially eligible for an appointment at public expense. (b)Appointments under AS 18.85.
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. A probate allows a Personal Representative to transfer legal title of that property to the proper persons.
Exempt property is personal property of the person who died, worth up to $10,000, that the Personal Representative must give to certain family members.
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).
How Long Do You Have to File Probate After Death in Alaska? There is no limit to when you can file a will with probate court after the deceased passes in Alaska.
