(a) A disclaimer of an interest in property by an appointee of a power of appointment takes effect as of the time the instrument by which the holder exercises the power becomes irrevocable.
(b) A disclaimer of an interest in property by an object or taker in default of an exercise of a power of appointment takes effect as of the time the instrument creating the power becomes irrevocable.
Structure Alaska Statutes
Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions
Chapter 70. Disclaimer of Property Interests
Sec. 13.70.020. Supplemented by other law.
Sec. 13.70.030. Power to disclaim; general requirements; when irrevocable.
Sec. 13.70.040. Disclaimer of interest in property.
Sec. 13.70.050. Disclaimer of rights of survivorship in jointly held property.
Sec. 13.70.060. Disclaimer of interest in property held as a tenancy by the entirety.
Sec. 13.70.065. Disclaimer of interest by trustee.
Sec. 13.70.070. Disclaimer of power of appointment or other power not held in fiduciary capacity.
Sec. 13.70.090. Disclaimer of power held in fiduciary capacity.
Sec. 13.70.100. Delivery or filing.
Sec. 13.70.110. When disclaimer permitted, barred, or limited.
Sec. 13.70.120. Tax-qualified disclaimer.
Sec. 13.70.130. Recording of disclaimer.
Sec. 13.70.140. Application to existing relationships.