In Alaska Stat. § 13.38.440 – 13.38.490, except as otherwise expressly stated in Alaska Stat. § 13.38.440 – 13.38.490,

(1) “income” means the percentage of the value of the trust computed under Alaska Stat. § 13.38.440 – 13.38.490;
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Terms Used In Alaska Statutes 13.38.490

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Trustee: A person or institution holding and administering property in trust.
(2) “principal” means all assets other than those identified as income in (1) of this section that are held by the trustee with respect to the trust.
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