(a) Rights at death under AS 13.33.212 are determined by the terms of the account at the death of a party. The terms of the account may be altered by written notice given by a party to the financial institution to change the terms of the account or to stop or vary payment under the terms of the account. The notice shall be signed by a party and received by the financial institution during the party's lifetime.
(b) A right of survivorship arising from the express terms of the account, AS 13.33.212, or a POD designation may not be altered by will.
Structure Alaska Statutes
Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions
Chapter 33. Nonprobate Transfers
Article 2. Single and Multiple Party Accounts.
Sec. 13.33.202. Limitation on scope.
Sec. 13.33.203. Types of account; existing accounts.
Sec. 13.33.205. Designation of agent and termination of authority.
Sec. 13.33.206. Applicability.
Sec. 13.33.211. Ownership during lifetime.
Sec. 13.33.212. Rights at death.
Sec. 13.33.213. Alteration of rights.
Sec. 13.33.214. Accounts and transfers nontestamentary.
Sec. 13.33.215. Rights of creditors and others.
Sec. 13.33.216. Community property and tenancy by the entirety.
Sec. 13.33.221. Authority of financial institution.
Sec. 13.33.222. Payment on multiple-party account.
Sec. 13.33.223. Payment on POD designation.
Sec. 13.33.224. Payment to designated agent.