Section 13.36.338. Presumption of revocability.

Latest version.

   (a) Unless a trust is expressly made irrevocable, a trust executed on or after August 30, 2000 is revocable by the settlor.
   (b) Notwithstanding AS 13.36.035 - 13.36.050, this section applies only if the
        (1) settlor is domiciled in this state when the trust is created;
        (2) trust instrument is executed in this state; or
        (3) trust provides that the law of this state governs the trust.

Authorities

13.36.365

Notes

References

AS 13.36.365 Uneconomical irrevocable trust.

History

(Sec. 2 ch 104 SLA 2000)

                    
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