9085 / How does a beneficiary’s divorce impact interests in an Alaska trust?

Generally, the beneficiary’s interest in an Alaska trust is not considered marital property that is subject to division. However, unless the parties otherwise agree in writing, this general rule does not apply if the settlor is the beneficiary and the assets were transferred to the trust (1) after the settlor-beneficiary’s marriage or (2) within 30 days before the settlor-beneficiary’s marriage, unless the settlor gives written notice of the transfer to the future spouse.¹

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1.Alaska Stat. § 34.40.110(l).

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