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Alaska · Through Alaska Statutes 2025 (34th Legislature, 2025-2026)

AS 13.36.078: Reimbursement of expenses.

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Where this section sits in the code
  1. Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions.
  2. Chapter 36. Trust Administration.
  3. Article 3. Trustees.

Except as otherwise provided in the trust instrument,

(1) a trustee is entitled to be reimbursed out of the trust property, with interest as appropriate, for

(A) expenses that were properly incurred in the administration of the trust; and

(B) expenses that were not properly incurred in the administration of the trust to the extent necessary to prevent unjust enrichment of the trust;

(2) if the trustee advances money for the protection of the trust, the trustee has a lien against trust property to secure reimbursement of the money and payment of reasonable interest on the money.

Collected 2026-09-02T06:16:54Z. Source file · JSON

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