Alaska Trust Act

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Alaska Trust Act

A 1997 state law in Alaska that allows any American to place assets in an irrevocable trust that protects those assets from creditors and, in some circumstances, excludes them from the grantor's estate for tax purposes. In order for a trust to fall under the jurisdiction of the Act, at least one of the trustees must live or have a business in Alaska and the trust's records must be maintained in Alaska. Additionally, a certain percentage of the administration of the trust must take place in Alaska. The Act effectively made Alaska a tax shelter along the lines of the Cayman Islands, the Bahamas, and other offshore locations.

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No references found			The Alaska Trust Act does not prevent a creditor from voiding a transfer to an asset protection trust on grounds of fraud. Asset protection planning with limited liability companies by Ellentuck, Albert B. / The Tax Adviser In 1997, the Alaska Trust Act repealed the Rule against Perpetuities, which prohibited trusts from lasting forever. Planning for the future: trusts and escrows: your financial ... by Saunders, Stacey / Alaska Business Monthly The Alaska Trust Act and Delaware's Qualified Disposition in Trust Act amend their codes to allow settlors to make lifetime transfers into trust from which they are eligible, but not entitled, to receive distributions according to the discretion of a third-party trustee. Law for sale: Alaska and Delaware compete for the asset protection ... by Wagenfeld, Amy Lynn / Vanderbilt Journal of Transnational Law			Al-Mu'aawamah Al-Mubaadharah Al-Mudharaba al-Muqayyadah Al-Mudharaba al-Mutlaqah Al-Muhtakir Al-Muqaassah Al-Musaaqah Al-Mustad'aafiin Al-Mustakbiriin Al-Mustarsil Al-Muzaar'ah Al-Naazirah Al-Najiz Al-Naqdain Al-Nashsh Al-Nawaah Al-Qasabah Al-Qiimah Al-Qiimii Al-Radkh Al-Ribaa al-Mu'taad Al-Riibah Al-Safqah Alan Greenspan Alaska Native Settlement Trust Alaska Trust Act Alavancagem Albanian Lek Alberta Stock Exchange Alcista ALCO ALCO package Alcohol by Volume Alcoholic Beverage Liability Insurance ALDA Aleatory Contract Alena Alexander Graham Bell Alfa Alfandegado entreposto aduaneiro Alfred P. Sloan Jr. Algo or Algorithmic Trading Algorithm Algorithmic Languages Algorithmic Trading Alias Alien Alien Corporation Alien Insurer alienation alienation by devise			Alaska Statewide Special Education Conference Alaska Stranded Gas Development Act Alaska Student Loan Corporation Alaska Supplemental Education Loan Alaska Supply Chain Integrators, LLC Alaska Support Industry Alliance Alaska Systems Coordinating Council Alaska Teacher Leadership Network Alaska Teacher Placement Alaska Teaching Justice Network Alaska Telecommunications Alaska Telemedicine Project Alaska Telephone Association Alaska Temporary Assistance Program Alaska Territorial Department of Mines Alaska Territorial Guard Alaska Theatre of Youth Alaska Time Zone Alaska Tobacco Control Alliance Alaska Training Range Evolution Plan Alaska Trauma Registry Alaska Travel Industry Association Alaska Tribal Conference on Environmental Management Alaska Tribal Health Compact Alaska Trust Act Alaska Tsunami Warning Centre Alaska Universal Service Administrative Company Alaska Universal Service Fund Alaska University Transportation Center Alaska USA Trust Company Alaska Utility Supply Center Alaska VA Healthcare System and Regional Office Alaska Venture Capital Group, LLC Alaska Village Demonstration Project Alaska Village Electric Cooperative Alaska Visitors Association Alaska Vocational Technical Center Alaska Volcano Observatory Alaska Voluntary Organizations Active in Disaster Alaska Water Use Data System Alaska Water Wastewater Management Association Alaska Weather Information Line Alaska Wild River Productions Alaska Wilderness Guides Association Alaska Wilderness League Alaska Wilderness League Alaska Wilderness Recreation and Tourism Association Alaska Wildland Fire Coordinating Group Alaska Wildlife Alliance Alaska Wildlife Conservation Center

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