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In Alaska, you can use an Affidavit procedure if the entire estate consists only of vehicles with a total value of up to $100,000 and personal property (other than vehicles) worth up to $50,000. There is a 30-day waiting period. Alaska Stat. 13.16.680.
You can use a small estates procedure if the entire estate, not counting debts owed on the property, adds up to less that $100,000 of vehicles and $50,000 of personal property (furniture, clothes, and other tangible items). There is a 30-day waiting period.
Alaska, like most states, does not impose an estate or inheritance tax. Only a few states do.
The minimum wage in Alaska is $11.73 an hour. Because this is higher than the federal minimum wage of $7.25, employees in Alaska must be paid at least $11.73 an hour.
The tipped minimum wage in Alaska is the same as the regular minimum wage: $11.73 an hour. Tips don't count against the employer's obligation to pay the minimum wage.
Yes. Alaska allows residents to use the federal exemptions pursuant to Code § 522(b). If the debtor choses to use the Alaska exemptions, AS § 09.38.055 limits the exemptions available to a debtor filing bankruptcy and residing in Alaska to those within the following statutes: AS §§ 09.38.010, 09.38.015, 09.38.017, 09.38.020, 09.38.025 and 09.38.030.
Principal residence up to $72,900* -- joint owners may each claim a portion, but total can't exceed $72,900
Homestead amount adjusted for inflation every two years. Current as of 10/1/2020. Source: Alaska BK Court.
Up to $4,050 worth of one vehicle, as long as the total value of the vehicle does not exceed $27,000.
In Alaska, you can receive unemployment benefits for a maximum of 16 to 26 weeks, depending on how evenly spread your earnings were throughout the base period. If you earned most of your income in your highest-paid quarter, your benefits will last for a shorter period; if your earnings were more evenly divided over the entire base period year, you will receive benefits for a longer time. See Calculating Your Weekly Benefit Amount and Duration for more information.