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Code · Alaska · Title 13 · Chapter 12

Sec. 13.12.550. Contents of petition for trust validity.

219 words·~1 min read·/ak/title-13/chapter-12/13-12-550

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Sec. 13.12.550. Contents of petition for trust validity.
(a)A petition for trust validity under AS 13.12.535 must contain
(1)a statement that a copy of the trust has been filed with the court;
(2)a statement that the trust is in writing and was signed by the settlor;
(3)a statement that the trust was executed with the intent that it be enforceable in accordance with its terms;
(4)a statement that the settlor had the legal capacity to enter into and establish the trust;
(5)a statement that the settlor was free from undue influence and duress and executed the trust in the exercise of free will;
(6)a statement that execution of the trust was not the result of fraud or mistake;
(7)the names and addresses of the settlor, the settlor's spouse, the settlor's children, the settlor's heirs, and the parties in interest;
(8)the ages of the settlor's children, the settlor's heirs, and the parties in interest who are minors so far as known or ascertainable with reasonable diligence by the petitioner;
(9)a statement that the trust has not been revoked or modified; and
(10)a statement that the settlor is familiar with the contents of the trust.
(b)In this section, “party in interest” has the meaning given in AS 13.36.390 .
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