For married couples whose estate plan incorporates GST planning, it will be necessary to confirm that each spouse has
sufficient assets titled in his or her individual name that will pass in accordance with his or her will (or revocable living trust) to carry out the estate plan and take maximum advantage of the increased GST exemption amount because the GST exemption is not portable between spouses.
Having enforceable native
title rights, legal recognition of traditional ownership and productive
assets such as land are a necessary but not
sufficient basis for economic and social development.