Page 6 - June 2024 Newsletter

WILLS AND ESTATES

What is an estate?

A person who, pursuant to the Indian Act, is regis-
tered as an Indian or is entitled to be registered as
an Indian. An estate includes real (immovable)
property, (e.g., land and buildings or structures),
and personal (movable) property, that someone
owned or had in their possession when they died.
Anyone who owns something has an estate. These
assets can include items such as: a home, cars,
bank accounts, stocks, bonds, mutual funds, life
insurance policies, retirement plans, business in-
terests, furniture, jewelry, artwork, and collec-
tions.

What Happens When You

Die Without A Will? On-

Reserve

Appointment of an Administrator
The Indian Act, in particular, the estates' sections
42-50.1 and the Indian Estates Regulations, give
the Minister of Indigenous Services Canada the Community Garden
authority to 1) approve a will, 2) declare a will to be
void in whole or in part, and 3) appoint an adminis-
trator or executor of an estate. Call Out For Volunteers

Fresh Air, Fresh Veggies, Friends
If a person living on a reserve dies without a will or

does not name an executor in their will, Indigenous For further information call:
Services Canada will appoint someone to manage
the estate. The appointed person is known as the
administrator and has the same duties as an exec- Mary Masicot, Volunteer
utor. 705 759-0345

Who inherits when there is no will in Canada? Regis Poulin, Community Health Rep

If you have no spouse or descendants, your estate 705 254-7827
goes equally to your parents. If only one of them is
alive, they receive the whole amount of your es- Tom Tegosh, Youth Center Coordinator,
tate. If you have no spouse, descendants, or sur- 705 975-4175
viving parents, your estate will be split equally
among your siblings.

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