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Nov
09

You Could Have a Pet Trust... Who Knew?

Post By George in Estate Planning - Things

Notwithstanding the recent hullaballoo about the late Leona Helmsley’s disputed trust for dogs, the more mundane reality is that NYS law has long provided for such arrangements (EPTL 7-8.1) and the use of such trusts is downright quotidian.  Any pet owner who wants to designate someone specific to care for a pet, or to provide funds for a pet’s care (whether long term or just until a new home can be found), or to make any kind of special arrangement, should consider making specific provisions in his or her will.  Your pet will thank you!




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