Will.com / Living trust / Alaska
AK · Revocable Living Trust
Make your Alaska living trust.
Skip probate, keep your estate private, and stay in control while you're alive. Legally valid in Alaska. Free to create, or add secure online document storage with the $29/year subscription.
Alaska living trust requirements
Special notes for Alaska
- Alaska is not a general community property state. Property of spouses is community property only to the extent provided in a community property agreement or a community property trust (Alaska Stat. §34.77.030(a)); married couples may opt in to community property treatment by transferring property to an Alaska Community Property Trust regardless of either spouse's domicile (§34.77.060(b))
- The Alaska CPT mechanism is governed by §34.77.100(a), which requires at least one trustee to be a qualified person: an Alaska-resident individual, an Alaska-organized trust company under AS 06.26, or an Alaska-organized bank or national banking association with trust powers and principal place of business in Alaska
- An Alaska Community Property Trust must contain the following verbatim statutory warning in capital letters at the beginning of the document (Alaska Stat. §34.77.100(b)): THE CONSEQUENCES OF THIS TRUST MAY BE VERY EXTENSIVE, INCLUDING, BUT NOT LIMITED TO, YOUR RIGHTS WITH RESPECT TO CREDITORS AND OTHER THIRD PARTIES, AND YOUR RIGHTS WITH YOUR SPOUSE BOTH DURING THE COURSE OF YOUR MARRIAGE AND AT THE TIME OF A DIVORCE. ACCORDINGLY, THIS AGREEMENT SHOULD ONLY BE SIGNED AFTER CAREFUL CONSIDERATION. IF YOU HAVE ANY QUESTIONS ABOUT THIS AGREEMENT, YOU SHOULD SEEK COMPETENT ADVICE.
- Community property held in an Alaska CPT is excluded from the augmented estate for elective-share purposes (Alaska Stat. §13.12.208(d))
How it works
- 1
Answer a few questions
About your assets, trustees, and beneficiaries.
- 2
Download your trust
A complete, personalized revocable living trust, formatted for Alaska.
- 3
Sign and fund
Sign the trust. Fund it by transferring assets into its name (notarization strongly recommended if real estate is involved).
Signing a Alaska living trust
No formal execution requirements beyond settlor signature; notarization strongly recommended when funding real property
Tenancy by the entirety
Alaska recognizes tenancy by the entirety. It's a form of co-ownership available only to married couples that provides automatic survivorship and creditor protection from individual debts. When you transfer such property into a revocable trust, you may lose the tenancy-by-entirety protection unless your trust is drafted to preserve it.
Two tiers, both private
Free: nothing leaves your browser. No account, no storage. Clear your answers whenever.
Subscription ($29/year): zero-knowledge encrypted storage. We store the ciphertext; only you hold the key. Edit and update as life changes.
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