Pets who live a life of Indulgence... and then some

For the pets who have everything… how about the idea of a Trust Fund?

Americans own approimately 68 million dogs and 73 million cats, not everyone can leave trust funds, but most are likely concerned about what happens if they aren’t around anymore, and how they are cared for.

The one that will always stand out the most is hotel heiress Leona Helmsley who reportedly left a $12 million trust for her Maltese Trouble.

There are issues with leaving trusts for pets as many courts have invalidated them. To insure the owners wishes are met in probate courts, a line or two can be added to an ordinary will where the owner can designate an amount to be spent on the pet and a trustee to carry it out under court supervision. It still doesn’t mean that the family or executor will in fact carry out the wishes.

Oh to be a dog or cat who is mentioned in a will, and taken care of for life. It makes me even sadder to think about all of the dogs and cats waiting in shelters, not expecting a trust fund, just a happy loving home.

http://fortheloveofpaws.com/2010/08/24/pets-who-live-a-life-of-indulgence-and-then-some/