All new Shareholder Will forms turned into the NOK office the first, second, and third, and fourth quarters of the year will be entered into a $150 drawing each quarter!
All shareholder Wills that are on file with NOK (previous and recently submitted) will be entered into a $500 drawing the fourth quarter!
As Alaska Native Corporation stock is not required to go through court system probate (due to specific provision of the Alaska Native Claims Settlement Act), NOK is able to work directly with family members to determine stock transfer. This is made much simpler when the shareholder has a Stock Will on file with NOK. And, as NOK Shareholder Permanent Fund Trust and NOK Benefits Trust Units are now required to be transferred only at the same time and in the same manner as corresponding shares of NOK Common Stock, only a single Will is required. NOK has a strict policy in place to keep Stock Wills confidential. Once checked for completion, Wills are sealed and retained in NOK’s confidential records. Stock Will contents are not disclosed to anyone – even family members – without expressed Shareholder permission.
While shares and corresponding Trust Units may be Willed to any person of choice, only shareholders who are descendants of a Native are entitled to vote their shares/Units. All shares and Units willed to a non-Native become non-voting and can only regain voting status if reverted to an Alaska Native in the future. A reminder that notary service is available free of charge at NOK’s Kodiak and Anchorage offices. Please call ahead to make sure notary services are available at the time you plan to stop by, and Elders please just let us know if you would like us to come to you. Will forms may be downloaded from the NOK website or by contacting the NOK office.