Alaska Statutes 13.12.707 – Survivorship with respect to future interests under terms of trust; substitute takers
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 13.12.707
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Codicil: An addition, change, or supplement to a will executed with the same formalities required for the will itself.
- Continuance: Putting off of a hearing ot trial until a later time.
- Devise: To gift property by will.
- Donee: The recipient of a gift.
- Donor: The person who makes a gift.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- 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