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Committee advances bill to allow transfer‑on‑death titles for vehicles and boats
Summary
Senate Bill 104, a proposal to extend transfer‑on‑death deeds to vehicles and boats registered with DMV to ease probate, was reported out of committee after a brief presentation by committee staff.
Senate Bill 104, sponsored by Chair Kawasaki, would extend transfer‑on‑death (TOD) title protections—previously applied to real property—so owners can register vehicles and boats with TOD designations through the DMV. Jenna Calhoun, staff to Chair Kawasaki, summarized the bill for the committee, saying it would continue the work of the Uniform Real Property Transfer on Death Act and “lower the cost of probate for the average Alaskan,” while making the estate‑planning tool available to more residents.
The committee opened and then closed public testimony with no speakers. Senator Bjorkman moved to report SB 104, work draft 34 LS 0617 backslash A, out of committee with individual recommendations and an attached fiscal note; the committee approved the motion without objection. The motion was recorded as reported from committee with the attached fiscal note and individual recommendations.
