Alaska Statutes 13.16.700 – Settlement directed by court
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 13.16.700
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
- property: includes real and personal property. See Alaska Statutes 01.10.060
When a judge receives information that a person has died in the judge’s judicial district leaving an estate with property limited to the property described under Alaska Stat. § 13.16.680(a)(1) or less and no qualified person has appeared to take charge of the assets, the judge may immediately appoint a person, corporation, or attorney to settle the estate in the manner provided for in Alaska Stat. § 13.16.680 – 13.16.695.