The idea of putting your dog in your estate plan can sound silly when you are a relatively young adult. Lifespans for our fine furry friends are relatively brief compared to humans, and most dogs are mutually owned by families, so there is more than one potential caretaker. This being stated, the dynamic is quite a bit different for senior citizens. Since we are elder law attorneys, we do get questions about inheritance planning for pets. A Cure for Loneliness Though some people think that … [Read more...] about Can a Senior Put a Dog In an Estate Plan?
There are estate planning solutions that can be implemented to satisfy virtually any objective. You should certainly discuss your estate planning goals with a licensed estate planning attorney so that you can become apprised of your options and act in a fully informed manner. With the above in mind, you should be aware of the fact that it is possible to provide for your pet in your estate plan. At one time, pet trusts were not legal at all, but eventually, some states started to adopt the … [Read more...] about Estate Planning Solution for Senior Pet Owners
It sounds good in theory, right? Your dog might be the only loyal soul you've ever known, but as far as the law is concerned, Fido can't manage money or assets or property - even if he can tree a squirrel in 12 seconds flat. That doesn't mean you can't cover his bases in the event you're no longer able to do so. This week, we explore pet thrusts and why they're important. Click here to read the whole article or download the PDF. … [Read more...] about Free Report: No, You Can’t Leave Your Estate to FIDO