Sec. 13.48.040. Capacity of transferor.
The capacity required to make or revoke a transfer on death deed is the same as the capacity required to make a will.
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. 13.46.180. Accounting by and determination of liability of custodian.
(a) A minor who has attained the age of 14 years, the minor’s guardian of the person or legal representative, an adult member of the minor’s family, a transferor, or a transferor’s legal representative may petition the court for (1) an accounting by the custodian or the custodian’s legal representative; or (2) a determination of […]
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. 13.46.190. Termination of custodianship.
The custodian shall transfer in an appropriate manner the custodial property to the minor or to the minor’s estate upon the earlier of the (1) minor’s attainment of 21 years of age with respect to property transferred under AS 13.46.030 or 13.46.040 unless the time of transfer of the custodial property to the minor is […]
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. 13.46.195. Changing the time for transfer of custodial property.
(a) Subject to the requirements and limitations of this section, the time for transfer to the minor of custodial property transferred under AS 13.46.030 or 13.46.040 may be changed to a specified time other than the time the minor attains the age of 21 years. That time shall be specified in the transfer under AS […]
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) […]