Death and Taxes (Legal Information for Indigenous People): Difference between revisions
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Line 22: | Line 22: | ||
* 16 and older | * 16 and older | ||
* Free from pressure or influence | * Free from pressure or influence | ||
In addition to these requirements, it is important to include the following in your will: | In addition to these requirements, it is important to include the following in your will: |
Revision as of 21:04, 8 February 2023
EDITS IN PROGRESS This wikibook, Legal Information for Indigenous People, is still under development. The content on this page may be incomplete. For the complete version, download the PDF version via Clicklaw. |
Wills[edit]
On Reserve: to be valid, a will under the Indian Act must:
- Be in writing (*audio/video wills/oral instructions are not accepted)
- Be signed by the will-maker
- Give away something the will-maker owns
- Be intended to take effect upon death
- Have 2 adult witnesses (not beneficiaries or their spouses)
- Be dated
The person writing the will must be:[edit]
- A “Status Indian” under the Indian Act
- considered “ordinarily resident on-reserve”
- 16 and older
- Free from pressure or influence
In addition to these requirements, it is important to include the following in your will:
- Name executor and alternate to manage your estate
- Who you want to care for your children
- Funeral directions
- Make gifts of specific assets (e.g., your house, boat, car, jewelry, art, television etc.)
- The residue/remainder (what is left over after payments of debts and gifts of your estate)