You can also go to The Alaska Legal Resource Center or search the entire website.
Touch N' GoŽ, the DeskTop In-and-Out Board makes your office run smoother. Visit
Touch N' Go's Website to see how.
|
|
- Alaska Statutes.
- Title 13. Estates, Guardianships, Transfers, Trusts.
- Chapter 12. Intestacy, Wills, and Donative Transfers
- Section 202. Elective Share.
previous: Section 201. Definitions.
next: Section 203. Composition of the Augmented Estate.
AS 13.12.202. Elective Share.
- (a) The surviving spouse of a decedent who dies domiciled in this state has a right of election, under the limitations and
conditions stated in AS 13.12.201
- 13.12.214, to take an elective share amount equal
to one-third of the augmented estate.
- (b) If the sum of the amounts described in AS 13.12.207
, 13.12.209(a)(1), and that part of the elective share
amount payable from the decedent's probate estate and nonprobate transfers to others under AS 13.12.209
(b) - (c) is less than $50,000, the surviving spouse is entitled to a supplemental elective share amount equal to
$50,000, minus the sum of the amounts described in AS 13.12.207
and 13.12.209(a)(1), (b), and (c). The supplemental
elective share amount is payable from the decedent's probate estate and from recipients of the decedent's nonprobate
transfers to others in the order of priority set out in AS 13.12.209
(b) - (c).
- (c) If the right of election is exercised by or on behalf of the surviving spouse, the surviving spouse's homestead
allowance, exempt property, and family allowance, if any, are not charged against but are in addition to the elective
share and supplemental elective share amounts.
- (d) The right, if any, of the surviving spouse of a decedent who dies domiciled outside this state to take an elective
share in property in this state is governed by the law of the decedent's domicile at death.
Note to HTML Version:
This version of the Alaska Statutes is current through December, 2004. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort
has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature
If any errors are found, please e-mail Touch N' Go systems at E-mail. We
hope you find this information useful.
Last modified 9/3/2005