Redact Legal Alaska Small Estates Forms For Free

Under Alaska statute, where an estate, less liens and encumbrances, consist of (a) vehicles whose total value does not exceed $100,000; and (b) personal property, other than vehicles described above, that does not exceed $50,000, an interested party may, thirty (30) days after the death of the decedent, issue a small ...

Only property owned by the person who died which does not pass automatically to a survivor must go through probate. The title to some property passes to a survivor without filing anything with the court. This type of property is called nonprobate property.

Exempt property is personal property of the person who died, worth up to $10,000, that the Personal Representative must give to certain family members.

If the property is held as tenants by the entirety or as Alaska Community Property with a right of survivorship, it passes automatically to the spouse who survives the person who died. There is no need to do anything to transfer the real property to the surviving spouse.

In fact, many estates can be settled without any court involvement at all. Estates valued at less than $50,000, plus $100,000 worth of motor vehicles, can often avoid the probate process in court, provided the estate contains no real property (land or a home).

There is no limit to when you can file a will with probate court after the deceased passes in Alaska. However, when you file may determine which probate process you can take. You need to file within the three years after the deceased's passing to qualify for informal probate.