Articles

Navigation

Full Site Search

Loading...

The navigation select boxes below will direct you to the selected page when you hit enter.

Topical Explanations

Primary Legal Materials

Select by Subject

Select by Species

Select Administrative Topic


World Law

Secondary Legal Materials

Great Apes and the Law

Great Apes and the Law

Maps of State Laws

Map of USA
Share |
Ensure Your Pet's Future: Estate Planning for Owners and Their Animal Companions

Rachel Hirschfeld, Esq.


9 Marq. Elder's Advisor 155 (2007)
Publish Date:
2007
Place of Publication: Elder's Advisor, Marquette University Law School
Printable Version

Ensure Your Pet's Future: Estate Planning for Owners and Their Animal Companions

 
This article was published in the Elder's Advisor, Marquette University Law School, Vol. 9, No. 1 at 155, 2007 (reprinted with permission).

Link to article (pdf - 89.57 KB)
 

From the article:

As discussed in Section II of this article, until recently pet owners encountered many legal barriers when trying to provide care for their pets after the owner’s inability to care for their pets. Fortunately, recent statutory developments in most states have removed those obstacles.

Pet owners can now create legally recognized and enforceable instruments that provide care for their pets in the event of the owner’s disability or death. Section III explains how estate planning practitioners can guide their clients in the creation and us of pet trusts and pet protection agreements, and draft wills with enforceable provisions concerning the care of animal companions.

Section IV alerts practitioners to specific considerations when drafting pet trusts. Section V addresses how a pet trust is taxed. The article concludes with some observations about the important role that pet trusts and pet protection agreements can play in helping elderly or disabled owners and their pets remain together, ensuring that the pets are well cared for, and establishing procedures for legally transitioning pet ownership.

 

 
Top of Page
Share |