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Home ยป fiduciary duty

fiduciary duty

How Does a Pet Trust Work?

April 19, 2022 by Jeffrey A. Nirenstein, Estate Planning Attorney

pet trust

If you have concerns about predeceasing your pet, there is a viable estate planning option in the form of a pet trust. Clearly, this would be relevant to senior citizens, and younger pet owners may want to have a plan in place as a purely precautionary measure. Caretaker The first order of business is to designate a caretaker that will actually care for the pet on a day-to-day basis if it becomes necessary. Ideally, this will be someone that has an existing relationship with your pet. If … [Read more...] about How Does a Pet Trust Work?

Filed Under: Pet Trust Tagged With: fiduciary duty, Pet Planning, pet trust

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