Who will take care of my pets when I die?
Bonnie Guillou - Sep 26, 2022
For pet owners, the question in the title of this article may be of significant concern. A family pet, especially if owned for many years, may be considered part of the family. | One option is to set aside a fund for the care and maintenance of the pet. The funding provisions in the Will may take the form of a trust, appointing a trustee to manage the fund. However, such trust provisions may be found to be unenforceable due to the legal requirements regarding trusts. Another option is to give the pet to a particular person along with a cash legacy to express appreciation to the person and to defray the costs of caring for the pet. |