Through the use of the Pet Trust, you the owner of the pet, leave sufficient money to a trusted person.
You can create a Pet Trust in a Living Trust or a Will.
Through the use of the Pet Trust, you, the owner, give your pet enough money or other property to a trusted person or organization (the”Trustee”) who is under a legal duty to make arrangements for the proper care of your pet according to your instructions. The Trustee will deliver your pet to your designated caregiver (the “beneficiary”) and then use the property you transferred to the trust to pay for your pet’s expenses.
The Law Office of Debra G. Simms will help you decide whether a pet trust is right for you. Call for a consultation.