Alaska Statutes 13.12.535 – Establishment of trust validity before death
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 13.12.535
- person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
- Trustee: A person or institution holding and administering property in trust.
If at least one of the trustees of a trust is a qualified person, the settlor or a trustee of the trust may petition the court to determine before the settlor’s death that the trust is valid and enforceable under its terms, subject only to a subsequent revocation or modification of the trust.