Alaska Statutes Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions § 13.36.390. Definitions

(A) revocable and if the settlor is incapacitated, the settlor's legal representative under applicable law or the settlor's agent under a durable power of attorney; or

(B) irrevocable,

(A) on the date the beneficiary's qualification is determined, is entitled or eligible to receive a distribution of trust income or principal; or

(B) would be entitled to receive a distribution of trust income or principal if the event causing the trust's termination occurs;

(A) an individual who, except for brief intervals, military service, attendance at an educational or training institution, or for absences for good cause shown, resides in this state, whose true and permanent home is in this state, who does not have a present intention of moving from this state, and who has the intention of returning to this state when away;

(B) a trust company that is organized under AS 06.26 and that has its principal place of business in this state; or

(C) a bank that is organized under AS 06.05, or a national banking association that is organized under 12 U.S.C. 21--216d, if the bank or national banking association possesses and exercises trust powers and has its principal place of business in this state;