Sec. 13.48.045. When certain deeds void; challenges to deed.
(a) A transfer on death deed or an instrument revoking a transfer on death deed is void if it is obtained by fraud, duress, or undue influence. (b) A proceeding must be commenced within 12 months after the transferor’s death to (1) contest the capacity of the transferor; or (2) determine whether a transfer on […]
Sec. 13.48.050. Requirements.
A transfer on death deed (1) except as otherwise provided in (2) and (3) of this section, must contain the essential elements and formalities of a properly recordable inter vivos deed; (2) must state that the transfer to the designated beneficiary is to occur at the transferor’s death; (3) may not use a beneficiary designation […]
Sec. 13.48.060. Notice, delivery, acceptance, consideration not required.
A transfer on death deed is effective without (1) notice or delivery to, or acceptance by, the designated beneficiary during the transferor’s life; or (2) consideration.
Sec. 13.48.070. Revocation by instrument authorized; revocation by act not permitted.
(a) Subject to (b) of this section, an instrument is effective to revoke a recorded transfer on death deed, or any part of it, only if the instrument (1) is one of the following: (A) a transfer on death deed that revokes the deed or part of the deed expressly or by inconsistency; (B) an […]
Sec. 13.48.080. Effect of transfer on death deed during transferor’s life.
During a transferor’s life, a transfer on death deed does not (1) affect an interest or right of the transferor or any other owner, including the right to transfer or encumber the property; (2) affect an interest or right of a transferee, even if the transferee has actual or constructive notice of the deed; (3) […]
Sec. 13.48.090. Effect of transfer on death deed at transferor’s death.
(a) Except as otherwise provided in the transfer on death deed, in this section, or in AS 13.12.203, 13.12.702, 13.12.803, or 13.12.804, on the death of the transferor, the following rules apply to property that is the subject of a transfer on death deed and owned by the transferor at death: (1) subject to (2) […]
Sec. 13.48.100. Disclaimer.
A beneficiary may disclaim all or part of the beneficiary’s interest as provided by AS 13.70 (Uniform Disclaimer of Property Interests Act).
Sec. 13.48.010. Transfer on death deed authorized.
An individual may transfer property to one or more beneficiaries effective at the transferor’s death by a transfer on death deed.
Sec. 13.48.020. Transfer on death deed revocable.
A transfer on death deed is revocable even if the deed or another instrument contains a contrary provision.