The property that a donee of a power of appointment is authorized to appoint is not subject to the claims of the creditors of the donee except to the extent that a donee of an inter vivos or testamentary power of appointment
(1) is permitted by the donor of the power to appoint the property to the donee, the creditors of the donee, the donee's estate, or the creditors of the donee's estate; and
(2) effectively exercises the power of appointment in favor of the donee, the creditors of the donee, the donee's estate, or the creditors of the donee's estate.
Structure Alaska Statutes
Chapter 40. Fraudulent Transfers, Revocations, and Trusts
Sec. 34.40.010. Invalidity generally.
Sec. 34.40.020. Invalidity as against purchasers.
Sec. 34.40.030. Purchasers with notice.
Sec. 34.40.040. Invalidating effect of provision for revocation, determination, or alteration.
Sec. 34.40.050. Conveyance in exercise of power to revoke and reconvey.
Sec. 34.40.060. Conveyance before accrual of right to execute power of revocation.
Sec. 34.40.070. Requirement of writing for grant or assignment of trust.
Sec. 34.40.080. Invalidity against heirs, successors, representatives, or assigns.
Sec. 34.40.090. Fraudulent intent question of fact.
Sec. 34.40.100. When title of purchaser for value not affected.
Sec. 34.40.110. Restricting transfers of trust interests.
Sec. 34.40.113. Discretionary interests in irrevocable trusts.
Sec. 34.40.115. Subjecting appointed property to claims of donee's creditor.
Sec. 34.40.118. Transfers of individual retirement accounts.
Sec. 34.40.120. “Land” and “estate and interest in land” defined.