Pet trusts are an important tool for animal owners who want the best for their pet. Because I am an animal lover, it makes me uncomfortable to tell my clients that the law treats our non-people friends as “personal property,” just like a couch or table. Pets do not have the right to directly inherent money or property, but when a pet trust is in place, funds are placed into the trust for each pet’s lifetime care (eg. Vet bills, housing, comfort, food, etc). Until the pet dies, the funds are protected almost to the same extent as they would be for a human.
Read my full article on Pet Trusts by clicking here.