Alaska § 13.36.365 - Uneconomical irrevocable trust.
Full text of Alaska Alaska Statutes § 13.36.365 — Uneconomical irrevocable trust., with citation guidance and answers to common questions.
§ 13.36.365. Uneconomical irrevocable trust.
(a) Notwithstanding the other provisions of AS 13.36.338 — 13.36.365, if the value of the property of an irrevocable trust is less than $50,000, the trustee may terminate the trust unless the trust instrument provides otherwise.
(b) Notwithstanding the other provisions of AS 13.36.338 — 13.36.365 and the terms of the trust, on petition to the superior court by a trustee, settlor, or beneficiary, the court may modify or terminate an irrevocable noncharitable trust, or remove the trustee and appoint a different trustee, if the court determines that the value of the trust property is insufficient to justify the cost of administration.
(c) Upon termination of a trust under this section, the trustee shall distribute the trust property in accordance with the settlor's probable intent.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 13.36.365
What does Alaska Statutes § 13.36.365 cover?
Section 13.36.365 ("Uneconomical irrevocable trust.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 13.36.365?
A common citation format is "Alaska Statutes § 13.36.365" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 13.36.365 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.