Alaska Statutes (Last Updated: January 11, 2017) |
Title 13. DECEDENTS' ESTATES, GUARDIANSHIPS, TRANSFERS, TRUSTS, AND HEALTH CARE DECISIONS. |
Chapter 13.16. PROBATE OF WILLS AND ADMINISTRATION. |
Article 13.16.12. COLLECTION OF PERSONAL PROPERTY BY AFFIDAVIT AND SUMMARY ADMINISTRATION PROCEDURE. |
Section 13.16.690. Small estates; summary administrative procedure.
Latest version.
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If it appears from the inventory and appraisal that the value of the entire estate, less liens and encumbrances, does not exceed homestead allowance, exempt property, family allowance, costs and expenses of administration, reasonable funeral expenses, and reasonable and necessary medical and hospital expenses of the last illness of the decedent, the personal representative, without giving notice to creditors, may immediately disburse and distribute the estate to the persons entitled to it and file a closing statement as provided in AS 13.16.695.
Authorities
13.16.695
Notes
References
2 AAC 92.060
AS 13.16.695 Small estates; closing by sworn statement of personal representative.
History
(Sec. 1 ch 78 SLA 1972)