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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) A petition for trust validity under AS 13.12.535 must contain
(1) a statement that a copy of the trust has been filed with the court;
(2) a statement that the trust is in writing and was signed by the settlor;
(3) a statement that the trust was executed with the intent that it be enforceable in accordance with its terms;
(4) a statement that the settlor had the legal capacity to enter into and establish the trust;
(5) a statement that the settlor was free from undue influence and duress and executed the trust in the exercise of free will;
(6) a statement that execution of the trust was not the result of fraud or mistake;
(7) the names and addresses of the settlor, the settlor's spouse, the settlor's children, the settlor's heirs, and the parties in interest;
(8) the ages of the settlor's children, the settlor's heirs, and the parties in interest who are minors so far as known or ascertainable with reasonable diligence by the petitioner;
(9) a statement that the trust has not been revoked or modified; and
(10) a statement that the settlor is familiar with the contents of the trust.
(b) In this section, “party in interest” has the meaning given in AS 13.36.390.
Cite this article: FindLaw.com - Alaska Statutes Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions § 13.12.550. Contents of petition for trust validity - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-13-decedents-estates-guardianships-transfers-trusts-and-health-care-decisions/ak-st-sect-13-12-550/
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