Any sale or encumbrance to the personal representative, the personal representative's spouse, agent, or attorney, or any corporation or trust in which the personal representative has a substantial beneficial interest, or any transaction that is affected by a substantial conflict of interest on the part of the personal representative, is voidable by any person interested in the estate except one who has consented after fair disclosure, unless
(1) the will or a contract entered into by the decedent expressly authorized the transaction; or
(2) the transaction is approved by the court after notice to interested persons.
Structure Alaska Statutes
Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions
Chapter 16. Probate of Wills and Administration
Article 7. Duties and Powers of Personal Representatives.
Sec. 13.16.340. Time of accrual of duties and powers.
Sec. 13.16.345. Priority among different letters.
Sec. 13.16.355. Personal representative to proceed without court order; exception.
Sec. 13.16.360. Duty of personal representative; information to heirs and devisees.
Sec. 13.16.365. Duty of personal representative; inventory and appraisal.
Sec. 13.16.370. Employment of appraisers.
Sec. 13.16.375. Duty of personal representative; supplementary inventory.
Sec. 13.16.380. Duty of personal representative; possession of estate.
Sec. 13.16.381. Disposition of unclaimed estate by personal representative.
Sec. 13.16.385. Power to avoid transfers.
Sec. 13.16.390. Powers of personal representatives; in general.
Sec. 13.16.395. Improper exercise of power; breach of fiduciary duty.
Sec. 13.16.405. Persons dealing with personal representative; protection.
Sec. 13.16.410. Transactions authorized for personal representatives; exceptions.
Sec. 13.16.415. Powers and duties of successor personal representative.
Sec. 13.16.420. Co-representatives; when joint action required.
Sec. 13.16.425. Powers of surviving personal representative.
Sec. 13.16.430. Compensation of personal representative.