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Sec. 13.12.213. Waiver of right to elect and of other rights.

Go back to: Alaska statutes
Go back to: Title 13 Decedents’ Estates, Guardianships, Transfers, Trusts, and Health Care Decisions
Go back to: Chapter 12. Intestacy, Wills, and Donative Transfers.

Sec. 13.12.213. Waiver of right to elect and of other rights.
 (a) The right of election of a surviving spouse and the rights of the surviving spouse to homestead allowance, exempt property, and family allowance, or to any of them, may be waived, wholly or partially, before or after marriage, by a written contract, agreement, or waiver signed by the surviving spouse.

 (b) A surviving spouse’s waiver is not enforceable if the surviving spouse proves that
     (1) the surviving spouse did not execute the waiver voluntarily; or

     (2) the waiver was unconscionable when it was executed and, before execution of the waiver, the surviving spouse
          (A) was not provided a fair and reasonable disclosure of the property or financial obligations of the decedent;

          (B) did not voluntarily and expressly waive, in writing, a right to disclosure of the property or financial obligations of the decedent beyond the disclosure provided; and

          (C) did not have, or reasonably could not have had, an adequate knowledge of the property or financial obligations of the decedent.

 (c) An issue of unconscionability of a waiver is for decision by the court as a matter of law.

 (d) Unless it provides to the contrary, a waiver of “all rights,” or equivalent language, in the property or estate of a present or prospective spouse or a complete property settlement entered into after or in anticipation of separation or divorce is a waiver of all rights of elective share, homestead allowance, exempt property, and family allowance by each spouse in the property of the other and a renunciation by each of all benefits that would otherwise pass to the spouse from the other by intestate succession or by virtue of a will executed before the waiver or property settlement.

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