Alaska Agreement to Execute Mutual Wills

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Multi-State
Control #:
US-0664BG
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Word; 
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A person may enter into a valid agreement by which the person agrees to bequeath or devise property in his or her will to particular persons or for particular purposes. One of the most common agreements of this nature involves the situation where the test
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FAQ

No, in Alaska, you do not need to notarize your will to make it legal. However, Alaska allows you to make your will "self-proving" and you'll need to go to a notary if you want to do that. A self-proving will speeds up probate because the court can accept the will without contacting the witnesses who signed it.

Probate property If there is a property in the Estate, it won't stop you from putting the property onto the market, but the Grant of Representation or Probate will be needed to complete the sale.

Probate is required in Alaska if the deceased owned property that does not automatically transfer to someone else and to handle claims against the estate of the deceased.

In Alaska, you can make a living trust to avoid probate for virtually any asset you ownreal 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).

No, in Alaska, you do not need to notarize your will to make it legal. However, Alaska allows you to make your will "self-proving" and you'll need to go to a notary if you want to do that. A self-proving will speeds up probate because the court can accept the will without contacting the witnesses who signed it.

The most common and straightforward situation where a grant of probate will not be needed is where the deceased owned assets in joint names. This may be property, bank accounts, or life policies, that continue in the name of the survivor.

In order to use Alaska's simplified probate procedure, the executor files a written request with the local probate court asking to use the simplified process. The court can then authorize the executor to distribute the assets without needing to go through regular probate.

The caveat is a notice to prevent anyone being able to obtain a grant of probate in the deceased's estate, which means that the estate cannot be administered while the caveat is in place. If we act for them, then we then have the time to make investigations to see if there is any merit in bringing a claim.

The state of Alaska requires testators to be at least 18 and must have the will signed by at least two witnesses. Oral wills are valid if they pertain to mariners at sea or military service members in active duty.

In Alaska, a handwritten Will, also called a holographic Will, can be valid and enforceable. The same rules apply to handwritten Wills as apply to typed Wills, except with respect to the witness requirement.

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Alaska Agreement to Execute Mutual Wills