Alaska Statutes 13.12.207 – Surviving spouse’s property and nonprobate transfers to others
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Terms Used In Alaska Statutes 13.12.207
- Decedent: A deceased person.
- Joint tenancy: A form of property ownership in which two or more parties hold an undivided interest in the same property that was conveyed under the same instrument at the same time. A joint tenant can sell his (her) interest but not dispose of it by will. Upon the death of a joint tenant, his (her) undivided interest is distributed among the surviving joint tenants.
- property: includes real and personal property. See Alaska Statutes 01.10.060
- Right of survivorship: The ownership rights that result in the acquisition of title to property by reason of having survived other co-owners.