Alaska Executor's Deed of Distribution

State:
Multi-State
Control #:
US-OG-052
Format:
Word; 
Rich Text
Instant download

Description

On the conclusion of the administration of an estate, it is often useful for the Executor to execute a deed to the beneficiaries under a will. This form addresses that situation.

How to fill out Executor's Deed Of Distribution?

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FAQ

Dying Without a Will in Alaska If there isn't a will, the court appoints someone, usually an adult child or surviving spouse, to be the executor or personal representative. That person takes care of the estate of the decedent.

Ownership Changes Recording a deed is best handled through a Title Company. For those doing their own deeds, deed templates are often available online or at office supply stores. The deed must have the names and addresses of both the current ownership and the new ownership, and the legal description of the property.

You should tell the following people as soon as possible that the person has died: Personal doctor, hospital, or medical clinic if arrangements need to be made for donation of the person's tissue, organs, or body. Funeral director. Personal Representative named in a Will. Guardian of any minor children named in a Will.

Hear this out loud PauseIf 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.

Hear this out loud PauseA 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.

Hear this out loud PauseIn 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).

You need to file within the three years after the deceased's passing to qualify for informal probate. Anything after three years will automatically end up in formal probate court.

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Alaska Executor's Deed of Distribution