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- Alaska Statutes.
- Title 13. Decedents' Estates, Guardianships, Transfers, and Trusts.
- Chapter 12. Intestacy, Wills, and Donative Transfers
- Section 511. Testamentary Additions to Trusts.
previous: Section 510
. Incorporation By Reference.
next: Section 512
. Events of Independent Significance.
AS 13.12.511. Testamentary Additions to Trusts.
- (a) A will may validly devise property to the trustee of a trust established or to be established
- (1) during the testator's lifetime by the testator, by the testator and some other person, or by some other person,
including a funded or unfunded life insurance trust, although the settlor has reserved any or all rights of ownership
of the insurance contracts; or
- (2) at the testator's death by the testator's devise to the trustee, if the trust is identified in the testator's will and
its terms are set out in a written instrument, other than a will, executed before, concurrently with, or after the
execution of the testator's will or in another individual's will if that other individual has predeceased the testator,
regardless of the existence, size, or character of the corpus of the trust.
- (b) A devise under (a) of this section is not invalid because the trust is amendable or revocable, or because the trust
was amended after the execution of the will or the testator's death.
- (c) Unless the testator's will provides otherwise, property devised to a trust described in (a) - (b) of this section is
not held under a testamentary trust of the testator, but it becomes a part of the trust to which it is devised, and
must be administered and disposed of in accordance with the provisions of the governing instrument setting out the
terms of the trust, including any amendments to the trust made before or after the testator's death.
- (d) Unless the testator's will provides otherwise, a revocation or termination of the trust before the testator's death
causes the devise to lapse.
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