Law Offices of Connie Yi, PC - estate planning
Tell Us About Your Case

For the safety of our community, clients and staff, we have suspended all in-person meeting effective March 17, 2020. All consultation meetings will be via Phone or Zoom Video Conferencing. Please contact us at 925-484-0888 or email us directly at [email protected] to schedule the consultation.

Bay Area Estate And Tax Planning Law Firm
Estate Planning
Trust Administration and probate

Faithful companion: Can estate planning ensure care of a pet?

| Apr 7, 2017 | Uncategorized |

There was certainly a time when judges in California and across the country were uniformly disinclined in family law matters to spend more than a moment of time — if any time at all — considering the interests of Fido and/or Fluffy in a divorce matter. Pets were — and still are — deemed personal property. Courts have historically been a bit impatient with pet-related issues and averse to engaging in any best-interest analysis.

Things have been changing in recent years, though, and materially so, with courts and laws now generally conceding the importance of pets and the utility of legal instruments and arrangements geared toward ensuring their care under stated conditions.

That change has certainly been evidenced in the realm of estate planning and administration, with a growing pet-specific focus being buttressed by this very simple reality: Scores of millions of American individuals and families have pets, and they unquestionably love them and are driven to take steps to ensure their long-term care.

And that desire transcends the grave, so to speak. In recent years, a ratcheted-up interest in so-called pet trusts has been realized nationally, with estate planners coming to see the utility and effectiveness that a well-considered pet trust can have in providing for cherished animal companions.

A pet trust — which a recent Forbes article on the subject notes is recognized all across the country and governed by the laws of the state where it is executed — can be just about as complex or simple as a creator wants it to be. At its core, it requires funding, a named trustee and caregiver and other stated provisions that are material to care delivery.

Any person who has questions concerning any aspect of a pet trust should not hesitate to raise them with an attorney. A proven estate administration lawyer knows intimately well the central and loving role that a dog, cat or other animal plays in family life, and understands completely well why family members would want to ensure its well-being into the future.

Pet trusts are well established planning vehicles. Contact an experienced attorney to learn more about how they can promote the best interests of a creator and the much-loved companion they seek to protect.

Archives

FindLaw Network

Recent Blog Post

Even a fortune can disappear without sound estate planning

Some figures baffle.Like the speed of light. Like the age and size of the universe. And like estimates pegging the personal fortunes of America's richest families.Consider this imagery relevant to the storied Vanderbilt family for a moment: a pile of money equaling...

Remarrying couples unquestionably need to focus on estate planning

Many remarrying California individuals fail to timely consider and update existing estate plans to reflect new realities.Don't be one of them. Many remarrying California individuals fail to timely consider and update existing estate plans to reflect new...

View More Blog Posts