In AS 13.38.300 – 13.38.435,

(1) “smoothing period” means the period of years over which the fair market value of the assets of a unitrust are averaged;
will 560x170

Need help with a review of a will?
Have it reviewed by a lawyer, get answers to your questions and move forward with confidence.
Connect with a lawyer now

Terms Used In Alaska Statutes 13.38.435

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
(2) “unitrust percentage” means the unitrust percentage established under AS 13.38.330(d).
  Previous section
Next section  
 Article 2 Contents