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Alaska Transfer on Death Deed

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An Alaska transfer on death deed (Form P-150) transfers one’s interest in real property to a specific person (the beneficiary) upon the owner’s death. The deed allows the property to pass through probate, which is a costly and lengthy process in which the decedent’s assets are distributed to surviving heirs.

The document is solely for planning purposes, as the owner retains full ownership rights over their real estate, including the right to lease or sell it. After filling out the form in full, it will need to be filed with the local district recorder.