What is a Valid Will in Alaska?
A will is a legally recorded document that states your final wishes. It can include instructions for the distribution of your property, the care of any minor children. It can also include the details of your funeral and burial.
What Does My Personal Representative Do?
A representative will handle and oversee this process. When you die, your personal representative files your will in court. The court then authorizes your personal representative to act with regard to your property.
What Happens After My Will is Filed?
The process of filing your will in court, naming the guardian, and the personal representative is called probate. Your personal representative should hire an Alaska estate attorney to make sure everything is done correctly. It's so important that your will is in order, and that it agrees with your insurance policies, bank accounts, financial accounts and all other assets. If not, your estate could be tied up in court for a very long time.
Sometimes people put off creating a will because they have difficulty with the finality of their decisions. It's worth noting that you can make changes to your will at any time, but it's important to review those changes with an attorney to ensure that they are legally valid. We encourage all our clients to review their documents on an annual basis, in case there has been a change in their lives that would require an update to their estate plan.
The probate process can be lengthy and expensive. Once the paperwork is complete and has been filed with the court, your will becomes public. For this reason, you may also want to include an explanation of your decisions regarding the distribution of property and the selection of a guardian.
Alaska Estate Planning Attorneys
Shortell Law LLC is ready to help you navigate the estate planning process, including drafting or updating your Final Will and Testament. Our services are completely confidential, and our attorneys are ready to help you plan for your future. Please complete the following intake form, and Shortell Law LLC will get back to you as soon as possible.