Alaska § 34.77.050 - Gifts of community property to third persons.
Full text of Alaska Alaska Statutes § 34.77.050 — Gifts of community property to third persons., with citation guidance and answers to common questions.
§ 34.77.050. Gifts of community property to third persons.
(a) A spouse acting alone may not give to a third person community property that the spouse has the right to manage and control unless the value of the community property given to the third person does not aggregate more than $1,000 in a calendar year, or a larger amount if, when made, the gift is reasonable in amount considering the economic position of the spouses.
(b) A gift of community property to a third person that is not allowed under (a) of this section is subject to AS 34.77.140 (e) — (h) unless both spouses act together in making the gift or the other spouse ratifies the gift.
(c) Reporting any part of a gift made by the other spouse on a United States gift tax return under 26 U.S.C. 2501 — 2524 or consenting to the treatment of a gift under 26 U.S.C. 2513 (Internal Revenue Code) by signing the consent on the other spouse's United States gift tax return is treated as the spouses acting together in making the gift.
(d) [Repealed, § 46 ch 45 SLA 2013.]
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 34.77.050
What does Alaska Statutes § 34.77.050 cover?
Section 34.77.050 ("Gifts of community property to third persons.") 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 § 34.77.050?
A common citation format is "Alaska Statutes § 34.77.050" (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 § 34.77.050 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.