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courts.alaska.gov
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Definitions (136)
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Accounting
A record of all property that the Personal Representative gathers into and pays out of the estate. Before closing the estate, the Personal Representative must send a full Accounting to all interested [..]
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Affidavit
A document in which a person makes one or more statements under oath.
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Allowances
Allowances are special payments that the Personal Representative makes to family members of the person who died from estate property. Along with and exempt property they can total up to $55,000 (or mo [..]
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APPLICATION
The formal, written document submitted to a court to start an informal probate, which also asks for the court to appoint the Personal Representative. It is called the "Application for Informa [..]
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APPRAISAL
The opinion of a professional appraiser about the value of a certain item or parcel of property.
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ASSIGNMENT
A document that transfers the rights in property to another person.
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Beneficiary
A person named in the Will to receive property of the person who died, also called a devisee.
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BILL OF SALE
A document that transfers ownership of personal property to another person.
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Bond
A cash payment or pledge of property which guarantees that a person will fulfill his or her duties, such as the duties of Personal Representative.
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