Alaska Statutes.
Title 13. Decedents' Estates, Guardianships, Transfers, and Trusts.
Chapter 70. Disclaimer of Property Interests
Section 80. Disclaimer by Appointee, Object, or Taker in Default of Exercise of Power of Appointment.
previous: Section 70. Disclaimer of Power of Appointment or Other Power Not Held in Fiduciary Capacity.
next: Section 90. Disclaimer of Power Held in Fiduciary Capacity.

AS 13.70.080. Disclaimer by Appointee, Object, or Taker in Default of Exercise of Power of Appointment.

   (a) A disclaimer of an interest in property by an appointee of a power of appointment takes effect as of the time the instrument by which the holder exercises the power becomes irrevocable.
   (b) A disclaimer of an interest in property by an object or taker in default of an exercise of a power of appointment takes effect as of the time the instrument creating the power becomes irrevocable.

All content © 2024 by Touch N' Go/Bright Solutions, Inc.

Note to HTML Version:

This version of the Alaska Statutes is current through December, 2022. 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.