How Does Estate Planning Work in Alaska?

Probate on a $500,000 estate in Alaska costs an estimated $27,032AS 13.16.440 (court reviews reasonableness of compensation paid to agents/attorneys employed by the estate; no statutory percentage)Verified Sep 8, 2026View source and takes 4 months to 6 months for a simple estate, with attorney fees of typically 2.1%AS 13.16.440 (court reviews reasonableness of compensation paid to agents/attorneys employed by the estate; no statutory percentage)Verified Sep 8, 2026View source to 3.3%AS 13.16.440 (court reviews reasonableness of compensation paid to agents/attorneys employed by the estate; no statutory percentage)Verified Sep 8, 2026View source of the estate. Estates under $150,000AS 13.16.690Verified Sep 8, 2026View source can use a small-estate procedure instead.

Frequently Asked Questions

A simple estate in Alaska typically takes 4 months to 6 months through probate, and an average estate 6 months to 12 months; a contested one runs longer. The creditor claim period of 4 monthsAS 13.16.460Verified Sep 8, 2026View source is the floor. A funded revocable trust avoids probate entirely.

Alaska has not adopted the Uniform Trust CodeAS 13.36 (Trust Administration; Alaska Trust Act)Verified Jul 15, 2026View source and does not require witnesses for trust executionAS 13.36 (Trust Administration; Alaska Trust Act)Verified Jul 15, 2026View source. Notarization is not required for validityAS 13.36 (Trust Administration; Alaska Trust Act)Verified Jul 15, 2026View source, though many financial institutions require notarized trust documents. Alaska has no separate trust creditor-notice step — the settlor's debts stay subject to the general claims and limitations period (up to 36 monthsAS 13.36.368(a)(2) (trust subject to claims only to the extent the probate estate is inadequate) + (b)(1)-(3) (claims allowed/barred per the personal representative's AS 13.16.450-13.16.525 procedure; trustee's court petition under (b)(3) is permissive "may," not a duty). Default bar absent published notice is 3 years under AS 13.16.460(a)(2); the shortened 4-month bar under AS 13.16.460(a)(1) only runs once the PR (or trustee via (b)(3) petition) publishes notice. No trustee-initiated publication duty exists. Verified 2026-06-19.Verified Jul 15, 2026View source), which the trustee settles before distributing.

A healthcare power of attorney in Alaska requires 2 witnesses or notarizationAS 13.52.300Verified Jul 15, 2026View source to be valid. A financial power of attorney requires notarizationAS 13.26.600, AS 13.26.605, AS 13.26.610, AS 13.26.615, AS 13.26.620, AS 13.26.625, AS 13.26.645, AS 13.26.650, AS 13.26.660, AS 13.26.665, AS 13.26.670, AS 13.26.675, AS 13.26.680, AS 13.26.695; AS 40.17.080, AS 40.17.090, AS 40.17.110 (recording); AS 13.28.010-095 (interstate recognition)Verified Sep 18, 2026View source. A financial power of attorney is not durable by default; it must include durability language to survive incapacityAS 13.26.600, AS 13.26.605, AS 13.26.610, AS 13.26.615, AS 13.26.620, AS 13.26.625, AS 13.26.645, AS 13.26.650, AS 13.26.660, AS 13.26.665, AS 13.26.670, AS 13.26.675, AS 13.26.680, AS 13.26.695; AS 40.17.080, AS 40.17.090, AS 40.17.110 (recording); AS 13.28.010-095 (interstate recognition)Verified Sep 18, 2026View source.

In Alaska, the executor files an inventory of the estate's assets within 90 daysAS 13.16.365, 13.16.370, 13.16.375Verified Sep 15, 2026View source of appointment. A revocable trust skips the court-supervised inventory, so a trustee distributes without filing one.

In Alaska, divorce automatically revokes a beneficiary designation that names a former spouseAS 13.12.804Verified Sep 15, 2026View source on the covered accounts, so the asset does not pass to the ex-spouse unless the designation is renewed after the divorce.

Forms for Planning and Settling an Estate in Alaska

Free Alaska forms for planning an estate or settling one: a will, trust, powers of attorney, TOD deed, and the probate forms an executor files.

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Digital Assets Recovery Letter

Prepare a letter requesting a deceased person's online accounts, points, and balances from the program that holds them.

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Petition for Probate and Letters

In Alaska, the petition asks the Superior Court for the State of Alaska to appoint the personal representative, whose authority is proved by Letters Testamentary or Letters of Administration; an informal (registrar) track is availableAS 13.16.085, AS 13.16.110Verified Sep 8, 2026View source.

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Notice to Creditors

In Alaska, the notice to creditors is published for 3AS 13.16.450, 13.16.460, 13.16.465, 13.16.470, 13.16.475Verified Sep 15, 2026View source weeks in a local newspaper, and creditors have 4 monthsAS 13.16.460Verified Sep 8, 2026View source from first publication to present claims.

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Renunciation of Executor

In Alaska, a person named as personal representative may renounce the right to serveAS 13.16.065(c)Verified Sep 22, 2026View source before anyone is appointed.

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Small Estate Affidavit

In Alaska, the Affidavit for Collection of Personal PropertyAS 13.16.690Verified Sep 8, 2026View source covers estates with personal property of $150,000AS 13.16.690Verified Sep 8, 2026View source or less, 30 daysAS 13.16.690Verified Sep 8, 2026View source after death, presented directly to the bank or other holder, not filed with a court.

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Estate Inventory

In Alaska, the personal representative files the estate inventory within 90 daysAS 13.16.365, 13.16.370, 13.16.375Verified Sep 15, 2026View source of appointment.

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Estate Closing

In Alaska, the personal representative is discharged automatically once the statutory period runsAS 13.16.630(b), 13.16.640Verified Sep 15, 2026View source, and a final accounting is required unless it is waived.

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Letter of Instruction

Prepare the letter a bank or insurer requests during estate settlement, addressed to its claims department.

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Tools for Planning and Settling an Estate in Alaska

Free calculators and checklists for planning or settling an estate in Alaska: will and trust costs, probate, executor pay, and inheritance taxes.

How Much Are Estate & Inheritance Taxes?

Alaska levies no estate or inheritance taxAlaska levies no estate or inheritance tax. AS 43.31.011 (Estate Tax Law of Alaska) remains on the books but is an inert "pickup" tax — its amount is measured by "the credit allowable under the applicable federal revenue Act for estate, inheritance, legacy, and succession taxes actually paid to the several states," and that federal credit no longer exists, so the tax computes to $0. AS 43.31.400 keeps the chapter nominally operative so long as a federal estate tax exists, so this is an inert pickup rather than a repeal. Alaska Department of Revenue: "Alaska no longer has an estate tax. Alaska did have one until Jan. 1, 2005. The state estate tax was tied to the federal state death tax credit, and that credit was phased out in 2005." Alaska has no inheritance tax: AS 43.30 (Inheritance and Transfer Taxes) was repealed in full by § 1, ch. 24, SLA 1970, and the DOR tax-type list carries no inheritance tax program. Verified 2026-09-10.Verified Sep 15, 2026View source; only the federal estate tax applies above $15,000,00026 USC 2001(c), 2010; P.L. 119-21 §70106Verified Sep 15, 2026View source.

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What Taxes Apply to My Inheritance?

Alaska imposes no inheritance or estate taxAlaska levies no estate or inheritance tax. AS 43.31.011 (Estate Tax Law of Alaska) remains on the books but is an inert "pickup" tax — its amount is measured by "the credit allowable under the applicable federal revenue Act for estate, inheritance, legacy, and succession taxes actually paid to the several states," and that federal credit no longer exists, so the tax computes to $0. AS 43.31.400 keeps the chapter nominally operative so long as a federal estate tax exists, so this is an inert pickup rather than a repeal. Alaska Department of Revenue: "Alaska no longer has an estate tax. Alaska did have one until Jan. 1, 2005. The state estate tax was tied to the federal state death tax credit, and that credit was phased out in 2005." Alaska has no inheritance tax: AS 43.30 (Inheritance and Transfer Taxes) was repealed in full by § 1, ch. 24, SLA 1970, and the DOR tax-type list carries no inheritance tax program. Verified 2026-09-10.Verified Sep 15, 2026View source; probate assets arrive when the estate closes, 4 months to 6 months for a simple estate.

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How Does Step-Up in Basis Work?

Inherited assets in Alaska take a basis reset to fair market value on the date of death26 USC § 1014Verified Sep 15, 2026View source, and the gain on a later sale faces no state capital gains taxAS 43.20.012(a) (Limitation on application of chapter) — "The tax imposed by this chapter does not apply to (1) an individual; (2) a fiduciary"Verified Sep 15, 2026View source.

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When Do I Have to Withdraw an Inherited IRA?

See which federal withdrawal rules apply to an inherited IRA, Roth IRA, or employer plan, the deadline year, and the missed-withdrawal tax.

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How Much Does Probate Cost?

Probate on a $500,000 estate in Alaska costs an estimated $27,032AS 13.16.440 (court reviews reasonableness of compensation paid to agents/attorneys employed by the estate; no statutory percentage)Verified Sep 8, 2026View source. Attorney fees run 2.1%AS 13.16.440 (court reviews reasonableness of compensation paid to agents/attorneys employed by the estate; no statutory percentage)Verified Sep 8, 2026View source to 3.3%AS 13.16.440 (court reviews reasonableness of compensation paid to agents/attorneys employed by the estate; no statutory percentage)Verified Sep 8, 2026View source of the estate under a reasonable-compensation standard.

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Who Inherits Without a Will?

Without a will in Alaska, a surviving spouse takes the entire estateAS § 13.12.102Verified Sep 10, 2026View source when every child of either spouse is a child of both, and descendants divide what passes to them per capita at each generationAS § 13.12.106Verified Sep 10, 2026View source.

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How Many Death Certificates Do I Need?

In Alaska, certified death certificates come from the Alaska Department of Health - Health Analytics and Vital RecordsAlaska Department of Health - Health Analytics and Vital RecordsVerified Sep 1, 2026View source; the first copy costs $30Alaska Department of Health - Health Analytics and Vital RecordsVerified Sep 1, 2026View source, additional copies $25Alaska Department of Health - Health Analytics and Vital RecordsVerified Sep 1, 2026View source each.

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Do I Need Probate?

In Alaska, estates with personal property of $150,000AS 13.16.690Verified Sep 8, 2026View source or less skip probate with the Affidavit for Collection of Personal PropertyAS 13.16.690Verified Sep 8, 2026View source, 30 daysAS 13.16.690Verified Sep 8, 2026View source after death.

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Alaska Estate Planning Resources

In-depth guides covering Alaska probate laws, trust requirements, and estate planning strategies.