Alaska Statutes Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions § 13.38.340. Trustee's discretionary powers regarding unitrust

(1) the effective date of a conversion to a unitrust;

(2) the provisions for prorating a unitrust distribution for a short year in which a beneficiary's right to payments commences or ceases;

(3) the frequency of unitrust distributions during the year;

(4) the effect of other payments from or contributions to the trust on the trust's valuation;

(5) whether to value the trust's assets annually or more frequently;

(6) whether to use a smoothing period of three, four, or five years;

(7) what valuation dates to use;

(8) how frequently to value nonliquid assets and whether to estimate their value;

(9) whether to omit trust property occupied or possessed by a beneficiary from the calculations; and

(10) other matters necessary for the proper functioning of the unitrust.