(a) Subject to the requirements and limitations of this section, the time for transfer to the minor of custodial property transferred under Alaska Stat. § 13.46.030 or 13.46.040 may be changed to a specified time other than the time the minor attains the age of 21 years. That time shall be specified in the transfer under Alaska Stat. § 13.46.080.
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Terms Used In Alaska Statutes 13.46.195

  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • property: includes real and personal property. See Alaska Statutes 01.10.060
(b) To specify a changed time for transfer to the minor of the custodial property under Alaska Stat. § 13.46.030 except for the transfer by irrevocable gift, or under Alaska Stat. § 13.46.040, the words “as custodian for ________ (name of minor) until age ________ (age for delivery of property to minor) under the Alaska Uniform Transfers to Minors Act” shall be substituted in substance for the words “as custodian for ________ (name of minor) under the Alaska Uniform Transfers to Minors Act” in making the transfer under Alaska Stat. § 13.46.080.
(c) To specify a changed time for transfer to the minor of the custodial property under Alaska Stat. § 13.46.030 by irrevocable gift, the words “as custodian for ________ (name of minor) until age ________ (age for delivery of property to minor) under the Alaska Uniform Transfers to Minors Act” or “as custodian for ________ (name of minor) until age ________ (age for delivery of property to minor) under the Alaska Uniform Transfers to Minors Act, subject to the minor’s right to compel immediate distribution of the property by giving written notice to the custodian during the six-month period beginning on the minor’s 21st birthday” shall be substituted in substance for the words “as custodian for ________ (name of minor) under the Alaska Uniform Transfers to Minors Act” in making the transfer under Alaska Stat. § 13.46.080.
(d) The time for transfer to the minor of custodial property transferred under Alaska Stat. § 13.46.040 may be changed under this section if the governing will or trust or nomination provides in substance that the custodianship is to continue until the time the minor attains a specified age. That time may not be earlier than the time the minor attains 18 years of age or later than the time the minor attains 25 years of age, and in that case the governing will or trust or nomination shall determine the time to be specified in the transfer under Alaska Stat. § 13.46.080.
(e) The time for transfer to the minor of custodial property transferred under Alaska Stat. § 13.46.030 may be changed under this section if the transfer under Alaska Stat. § 13.46.080 provides in substance that the custodianship is to continue until the time the minor attains a specified age. That time may not be earlier than the time the minor attains 18 years of age or later than the time the minor attains 25 years of age.
(f) If the transfer under Alaska Stat. § 13.46.080 does not specify an age, the time for the transfer of the custodial property to the minor under Alaska Stat. § 13.46.190 is the time when the minor attains 21 years of age.
(g) If the transfer under Alaska Stat. § 13.46.080 provides in substance that the duration of the custodianship is for a time longer than the maximum time permitted by this section for that type of transfer, the custodianship may continue until the minor attains the maximum age permitted by this section for that type of transfer.
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