Alaska Financial Power of Attorney

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ALASKA FINANCIAL POWER OF ATTORNEY

This instrument follows the structure of Alaska's statutory form in Alaska Stat. § 13.26.645. Complete every election carefully. Do not add commercial-contract terms such as arbitration, a jury waiver, a fiduciary liability cap, or a mandatory cure period without Alaska counsel; those terms can conflict with protective remedies and the agent's statutory duties.

1. Principal and Agent

I, [PRINCIPAL NAME], of [ADDRESS], appoint:

Primary agent: [NAME / ADDRESS / PHONE / EMAIL]

Successor agent: [NAME / ADDRESS / PHONE / EMAIL]

Second successor agent: [NAME / ADDRESS / PHONE / EMAIL]

Optional Co-Agents

I appoint [NAME] and [NAME] as co-agents.

Initial one:

_____ Each co-agent may act independently.

_____ Co-agents must act jointly.

If neither election is completed, Alaska counsel must determine the statutory default before use.

2. Grant of General Authority

Initial each subject you grant. The meaning and scope of a checked subject are governed by current Alaska law, including Alaska Stat. § 13.26.665. Do not check a subject you do not want the agent to control.

Principal's initials Subject
_____ Real property
_____ Tangible personal property
_____ Stocks and bonds
_____ Commodities and options
_____ Banks and other financial institutions
_____ Operation of an entity or business
_____ Insurance and annuities
_____ Estates, trusts, and other beneficial interests
_____ Claims and litigation
_____ Personal and family maintenance
_____ Benefits from governmental programs or civil or military service
_____ Retirement plans
_____ Taxes
_____ All preceding subjects

Special limits on general authority:

[____________________________________________________________]

3. Specific Authority That Must Be Expressly Granted

The agent does not receive an authority below unless the Principal initials it. Each selection can materially change the Principal's ownership or estate plan and should be reviewed by Alaska estate-planning counsel.

Principal's initials Express authority
_____ Create, amend, revoke, or terminate an inter vivos trust
_____ Make a gift, subject to Alaska Stat. § 13.26.665(q) and the special instructions below
_____ Create or change rights of survivorship
_____ Create or change a beneficiary designation
_____ Delegate authority granted under this power of attorney
_____ Waive the Principal's right to be a beneficiary of a joint and survivor annuity, including a survivor benefit under a retirement plan
_____ Exercise fiduciary powers that the Principal has authority to delegate
_____ Disclaim or refuse an interest in property, including a power of appointment

Gift and Estate-Plan Instructions

Do not rely on a generic annual-dollar placeholder. State the permitted recipients, purposes, amounts or tax standard, treatment of the agent, and consistency with the existing estate plan.

[____________________________________________________________]

[____________________________________________________________]

4. Special Instructions

Use this section to restrict authority, require accountings, identify advisers, address compensation, protect dependents, preserve an estate plan, or provide transaction-specific directions.

[____________________________________________________________]

[____________________________________________________________]

Agent compensation: ☐ No compensation ☐ Reasonable compensation ☐ Other: [________]

Accounting recipient and frequency: [________________________________]

5. Effective Date

Initial one:

_____ This power of attorney is effective on the date I sign it.

_____ This power of attorney becomes effective upon this future event or contingency: [________________________________].

Person or method authorized to determine that the event occurred: [________________________________]

Do not use a springing-incapacity trigger until counsel confirms that the trigger, access to medical information, and written proof will work in practice.

6. Effect of Incapacity and Duration

Initial one after Alaska counsel confirms the intended result under Alaska Stat. § 13.26.610:

_____ This power of attorney is durable and is not terminated by my later incapacity.

_____ This power of attorney terminates if I become incapacitated.

Optional expiration date or event: [________________________________]

Unless the instrument lawfully provides otherwise, death, revocation, and other termination events are governed by current Alaska law. A person acting without actual knowledge of termination may have statutory protection; notify the agent and known relying institutions promptly after revocation.

7. Nomination of Conservator or Guardian

If a court later considers a protective proceeding, I nominate:

Conservator of my estate: [NAME / ADDRESS]

Guardian of my person: [NAME / ADDRESS]

This nomination does not itself appoint a guardian or conservator and does not replace a health-care directive.

8. Reliance and Copies

A copy of this acknowledged power of attorney may be relied on to the extent current Alaska law permits. A person asked to accept it may request an agent certification, English translation, or opinion of counsel as current law allows.

Institutions or persons to receive copies:

[____________________________________________________________]

For real-estate use, recording and title requirements must be confirmed for the transaction and recording district.

9. Principal's Signature and Acknowledgment

I understand that this document grants broad financial authority. I sign voluntarily and intend the selections and special instructions above to control.

Principal signature: ____________________________________

Printed name: [________________________________]

Date: [________________________________]

Alaska Notarial Acknowledgment

State of Alaska
Judicial District of [________________]

The foregoing instrument was acknowledged before me on [DATE] by [PRINCIPAL NAME].

Notary public: ____________________________________

Printed name: [________________________________]

My commission expires: [________________________________]

If another individual signs for the Principal, counsel must use the procedure and conscious-presence requirements in current Alaska Stat. § 13.26.600.

10. Notice to and Acceptance by Agent

An agent is a fiduciary. Before acting, the agent should read current Alaska law and obtain advice about any uncertain authority. At minimum, the agent must act within granted authority and for the Principal's benefit, keep appropriate records, avoid unauthorized self-dealing, preserve the Principal's known estate plan when the governing standard requires it, and stop when authority terminates.

I, [AGENT NAME], accept appointment and acknowledge that I must follow the power of attorney and current Alaska law.

Agent signature: ____________________________________

Date: [________________________________]

Successor-agent acceptance, if requested: ____________________________________

11. Completion Checklist

☐ Principal and every agent are identified correctly

☐ Co-agent mode is selected or intentionally omitted after counsel review

☐ General-authority subjects are individually initialed

☐ Every desired trust, gift, survivorship, beneficiary, delegation, annuity, fiduciary, and disclaimer power is expressly initialed

☐ Gift authority is tailored to the estate plan and tax objectives

☐ Effective-date and durability elections are completed

☐ Special instructions do not contradict checked powers

☐ Principal signed with the acknowledgment required by Alaska Stat. § 13.26.600

☐ Real-estate recording, bank, retirement-plan, tax-form, and digital-asset requirements were checked separately

☐ Revoked prior powers and recipients of notice are identified

Official Sources Verified July 15, 2026

This financial instrument does not authorize health-care decisions. Use the separate Alaska advance health care directive and coordinate the documents with counsel.

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About This Template

Estate planning documents decide what happens to your property, your children, and your medical care when you cannot make those decisions yourself. Wills, trusts, powers of attorney, and health care directives each serve different purposes and each have to meet state law requirements for signing, witnessing, and notarization. A document that looks fine on the page but was not executed correctly can be rejected in probate, which is exactly when it is too late to fix.

Important Notice

This template is provided for informational purposes. It is not legal advice. We recommend having an attorney review any legal document before signing, especially for high-value or complex matters.

Last updated: July 2026

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