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American Indian Probate Reform Act of 2004 (AIPRA)

American Indian Probate Reform Act of 2004 (AIPRA). Polson June 7, 2012. Marsha A. Goetting. Montana State University Extension Family Economics Specialist Department of Agricultural Economics & Economics. Special Request from Nori & Planning Committee. Don’t be boring

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American Indian Probate Reform Act of 2004 (AIPRA)

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  1. AmericanIndian Probate Reform Act of 2004(AIPRA) PolsonJune 7, 2012

  2. Marsha A. Goetting • Montana State University Extension Family Economics Specialist • Department of Agricultural Economics & Economics

  3. Special Request from Nori & Planning Committee Don’t be boring Don’t put people to sleep zzzzzzzz Don’t be a dud!!!!

  4. Marsha’s Version of

  5. Using Response Clicker Is already ON Don’t press these buttons Menu Enter Go to Clear

  6. Test Your ClickerPress 3/C • 1/A • 2/B • 3/C • 4/D Not Accepting Answers

  7. Screen shows your answer • 1/A • 2/B • 3/C • 4/D Your Answer 1/A

  8. Practice: At this point in time are you? Married Single Divorced Separated Widowed

  9. Must respond before end of time • Enter answer text...

  10. Practice: Number of Years Lived in Montana 0 - 9 10 - 19 20 - 29 30 - 39 40 - 49 50 & over 5 Countdown

  11. What if I entered wrong answer? Last response counts Your Answer 4D • 1/A • 2/B • 3/C • 4/D

  12. Practice: Number of Years Lived in Montana 0 - 9 10 - 19 20 - 29 30 - 39 40 - 49 50 & over 5 Countdown

  13. Yes No Questions • Do not use these keys: • “Yes” or • “No”

  14. Yes or No Questions • Use • 1, if yes • 2, if no

  15. 8 Countdown Do you own land off the reservation? • Yes • No

  16. Purpose of AIPRA • To Prevent Further Fractionation of Trust Lands • To Encourage Consolidation of Indian Land Ownership

  17. Fractionation: • Each owner has an undivided interest in the entire parcel • Increasing number of owners with each passing generation

  18. Fractionation • 6 generation family

  19. 1stGeneration Original Allottee

  20. 2nd Generation Original Allottee 1/3 1/3 1/3

  21. 3rd Generation Original Allottee 1/3 1/3 1/3 1/9 1/9 1/9

  22. 4th Generation Original Allottee 1/3 1/3 1/3 1/9 1/9 1/9 1/36 1/36 1/36 1/36

  23. 5th Generation Original Allottee 1/3 1/3 1/3 1/9 1/9 1/9 1/36 1/36 1/36 1/36 1/144 1/144 1/144 1/144

  24. 6th Generation Original Allottee 1/3 1/3 1/3 1/9 1/9 1/9 1/36 1/36 1/36 1/36 1/144 1/144 1/144 1/144 ? ? ?

  25. 6th Generation with 3 Children 1 1 1 144 3 432 = x

  26. 6thGeneration Original Allottee 1/3 1/3 1/3 1/9 1/9 1/9 1/36 1/36 1/36 1/36 1/144 1/144 1/144 1/144 1/432 1/432 1/432

  27. Fractionation by $$$$ • Example • Lease Dollar Amounts

  28. 1st Generation • $1,002 Annual Income

  29. 2nd Generation $1,002 Annual Income $334 $334 $334

  30. 3th Generation $1,002 Annual Income $334 $334 $334 $111.33 $111.33 $111.33

  31. 4th Generation $1,002 Annual Income $334 $334 $334 $111.33 $111.33 $111.33 $27.83 $27.83 $27.83 $27.83

  32. 5th Generation $1,002 Annual Income $334 $334 $334 $111.33 $111.33 $111.33 $27.83 $27.83 $27.83 $27.83 $6.96 $6.96 $6.96 $6.96

  33. 6th Generation $1,002 Annual Income $334 $334 $334 $111.33 $111.33 $111.33 $27.83 $27.83 $27.83 $27.83 $6.96 $6.96 $6.96 $6.96 $2.32 $2.32 $2.32

  34. AIPRA controls Trust Property • Trust Lands • Throughout the United States(except Alaska) • IIM Accounts • (Individual Indian Money Accounts)

  35. AIPRA: Probate Sections • Effective for persons who pass away on or after June 20, 2006

  36. Fact Sheet #3How is Reservation Land Owned by Individuals? • Trust Status? • Fee Status?

  37. What is the status of your real property on the reservation? • Trust • Fee simple • Own both types • Don’t know

  38. Fee Status • Land passes according to law of state where land is located

  39. Montana • For fee land & financial accounts: • Montana Intestacy Statutes apply if you pass away without a will

  40. Personal Property • AIPRA does not affect: • Checking Accounts • Saving Accounts • Vehicles • Montana law Controls these

  41. Fact Sheet #5 • Who can Inherit Your Trust Land & Retain Trust Status?

  42. AIPRA Requirement • Interests must pass to: • Eligible heirstoretain trust status

  43. Eligible heirs(Defined under AIPRA) • Children • Grandchildren • Great grandchildren • Brothers & sisters • Half brothers & sisters by blood • Parents

  44. AIPRA distribution among eligible heirs: • Depends on percentage of undivided interest owned by the person who passed away

  45. Do you own: • Undivided Interests of • 5% or more? • Less than 5%?

  46. Fact Sheet #4 • Your Individual Trust Interest (ITI) Report: How to read it

  47. Where do I get my ITI Report? • BIA Office • Realty Department • Flathead • 503-231-6702

  48. Where do I get my ITI Report? • Northwest Regional Office • BIA • 911 Northeast 11th Avenue • Portland, Oregon • 503-231-6702

  49. Important fact on ITI Report: • Amount of undivided interest owned in each parcel

  50. ITI Report AGGREGATE DECIMAL • Right hand side Aggregate decimal • Decimal to 10 places • .0173611111

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