Pet Trusts And How They Work – 3 Questions
Question 1: How will a pet trust ensure my pet is cared for after I die?
When you create a pet trust, the trust becomes the owner of some of your property. Animals cannot
own property, but if you can create a trust, the pet can benefit from the property the trust owns. After
you die the trust will be responsible for caring for your pet. It will use the property it owns to pay for
the pets medical care and living expenses.
Question 2: Who will actually care for my pet?
When you create a pet trust you name someone who will act as a trustee, the person who will manage
the property on behalf of the beneficiary. The beneficiary is a person whom you choose to act as your
pet’s caregiver. The trustee is responsible for distributing the trust property to the beneficiary so the
beneficiary can pay for the pet’s care.
Question 3: When do I create a pet trust?
Pet trusts are either created while you are still alive or after you die. If you make provisions in your will
for a pet trust, that trust does not exist until you die and your will takes effect. If you want to create a
pet trust before then, you can create what is known as a living trust that will take effect before you die.
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