Fillable Form Alaska Last Will and Testament

What is the Alaska Last Will and Testament?

The Alaska Last Will and Testament, also known simply as a Will, is a document made by the testator expressing their desires or wishes on the distribution of their assets after death. This includes who will inherit your home and personal expenses or who will manage your business.

You may download a PDF copy of the Last Will and Testament Alaska Form from websites that offer document templates. But you may electronically fill it out on PDFRun for your convenience.

How to fill out the Alaska Last Will and Testament?

Enter the necessary information in the required fields below. Make sure that everything you enter is true, accurate, and correct.

Name of Testator

Enter the full legal name of the testator on the title portion.

Name of Testator

Enter the full legal name of the testator.

City

Enter the city the testator resides.

County

Enter the county the testator resides.

I. Expenses and Taxes

Paragraph A states that the testator directs all of their debts and expenses of their last illness, funeral, and burial to be paid reasonably soon after they died. The testator also authorizes their Personal Representative to settle and discharge any claims made against the testator’s estate in their absolution direction.

Paragraph B further directs their Personal Representative to pay out of the testator’s estate and all estate and inheritance taxes payable because of their death in respect of all items included in the computation of such taxes. The taxes to be paid by their Personal Representative as if such taxes were their debts without recovery of any part of such tax payments from anyone who receives any item included in such computation.

II. Personal Representative

This portion allows the testator to nominate and appoint a Personal Representative of their estate and request that they be appointed temporary Personal Representative if they apply. However, if the testator’s Personal Representative fails or ceases to serve, they will nominate another Personal Representative to serve.

Name of Personal Representative

Enter the full legal name of the Personal Representative.

City

Enter the city the Personal Representative resides.

County

Enter the county the Personal Representative resides.

State

Enter the state the Personal Representative resides.

Name of Personal Representative (in case the first personal representative fails or ceases to serve)

Enter the full legal name of the Personal Representative, in case the first appointed Personal Representative fails or ceases to serve.

City

Enter the city the Personal Representative resides.

County

Enter the county the Personal Representative resides.

State

Enter the state the Personal Representative resides.

III. Disposition of Property

This portion allows the testator to devise and bequeath their real and personal property to the beneficiaries.

1st Beneficiary

Full Name

Enter the full legal name of the first beneficiary.

Address

Enter the complete address of the first beneficiary.

Relation

Enter the relation of the first beneficiary to the testator.

Last four digits of Social Security Number (SSN)

Enter the first beneficiary’s last four digits of their Social Security Number (SSN).

2nd beneficiary

Full Name

Enter the full legal name of the second beneficiary.

Address

Enter the complete address of the second beneficiary.

Relation

Enter the relation of the second beneficiary to the testator.

Last four digits of Social Security Number (SSN)

Enter the second beneficiary’s last four digits of their Social Security Number (SSN).

3rd beneficiary

Full Name

Enter the full legal name of the third beneficiary.

Address

Enter the complete address of the third beneficiary.

Relation

Enter the relation of the third beneficiary to the testator.

Last four digits of Social Security Number (SSN)

Enter the third beneficiary’s last four digits of their Social Security Number (SSN).

If any of the beneficiaries pre-deceased before the testator, any property they would have received shall be distributed in equal shares to the remaining beneficiaries.

The testator’s property may be donated to any charitable organization of the Personal Representative’s choice if the properties cannot be sold and distributed. The Personal Representative may also dispose of such property without liability as it may deem appropriate. The Personal Representative is also authorized to pay the expense of selling, advertising for the sale, packing, shipping, insuring, and delivering property as an administration expense of their estate.

1. Omission

This portion states that except to the extent that the testator has included in this Will, the testator has intentionally, and not as a result of any mistake, omitted in this Will to provide for any family members and issue of them, if any, however, defined by law, presently living or born or adopted.

1. Bond

This portion states that there is no bond required for any fiduciary serving under this Will, whether or not specifically named. But if a bond is required by law, a surety will not be required on such bond.

1. Discretionary Powers of Personal Representative

This portion lays down the discretionary powers of the testator’s Personal Representative. Such discretionary powers are as follows:

• Retain for whatever period, invest and reinvest any property, whether real or personal, regardless of whether any particular investment;
• Sell and grant options to purchase all or any part of the testator’s estate;
• Lease any real estate for terms and conditions as the Personal Representative deems advisable;
• Pay, compromise, settle, or adjust any claims, including taxes, asserted in favor of or against the testator, their estate, or their Personal Representative;
• Make any separation into shares in whole or in part in kind and at values determined by the Personal Representative;
• Make elections under tax laws as the Personal Representative shall deem appropriate, such as elections with respect to qualified terminable interest property, exemption, and the use of deductions as income or estate tax deductions, and to determine whether to make any adjustments between income and principal on account of any election so made;
• Make elections permitted under any pension, profit-sharing, employee stock ownership, or other benefit plans;

VII. Contesting Beneficiary

This portion states that if there is any beneficiary contesting or attacking the Last Will and Testament Alaska or any provisions, any share or interest in the testator’s estate given to the contesting beneficiary is revoked and shall be disposed of in the same manner as to how the contesting beneficiary had predeceased the testator.

VIII. Guardian Ad Litem Not Required

This portion states that the testator directs that the representation by a guardian ad litem of the interests of the persons unborn, unascertained, or legally incompetent to act in proceedings for the allowance of accounts in this Will shall be dispensed with to the extent permitted by law.

1. Gender

This portion states that the term “Personal Representative” includes “Executor” and “Administrator.” The use of a particular gender includes other genders and references to singular or plural shall be interchangeable.

This portion states further that all references to the Internal Revenue Code shall refer to the Internal Revenue Code of 1986 or any successor Code. All other references to estate taxes include inheritance and death taxes.

1. Assignment

This portion states that the interest of any beneficiary in this Last Will and Testament Alaska shall neither be alienable, assignable, attachable, transferable, nor paid by way of anticipation, nor in compliance with any order, assignment or covenant. This Will shall also not be applied to or be held liable for any of their debts or obligations, and shall not pass to their assignee under any instrument or any insolvency or bankruptcy law.

The interests shall also not be subject to the interference or control of creditors, spouses, and others.

1. Governing Law

The Alaska Last Will and Testament Form shall be governed by the laws of Alaska.

XII. Binding Arrangement

This portion states that any decision by the testator’s Personal Representative with respect to any discretionary power shall be final and binding on all persons interested. It states further that no Executor shall be liable for their acts or omissions or those of any co-Executor or prior Executor unless they are due to the testator’s Executor’s own will default or gross negligence.

Name of the undersigned

Enter the name of the undersigned, who is the testator.

Date

Enter the date the Will was executed.

Testator Signature

Affix the testator’s signature.

Testator (Printed Name)

Enter the testator’s name in print.

Date

Enter the date the State of Alaska Last Will and Testament was subscribed.

Name of Testator

Enter the name of the testator.

Witness Signature

Have the first witness affix their signature.

Address

Enter the first witness’s complete address.

Witness Signature

Have the second witness affix their signature.

Address

Enter the second witness’s complete address.

How to file the Alaska Last Will and Testament?

In finalizing your will, you must sign the will in front of two witnesses, and have them sign your will within a reasonable time after signing them.

Notarization of the Last Will and Testament Alaska is not necessary to make the will legal. But if you want to make your will “self-proving” or attest to its validity, you will need to have it notarized.

The Alaska Last Will and Testament Form shall only be filed when the testator passes away. Once filed with the court, the probate proceedings will begin.