Estate Planning for Your Pet

August, 2022

Many people view their pets as members of their family.  They go to great lengths to ensure their pets’ comfort, and often shower them with gifts of toys and treats.  Surely, they would want to ensure that these pets would be well cared for if they were to pass away.  In 2011, the Massachusetts legislature recognized this strong bond by passing legislation that allows a pet owner to establish a trust to provide ongoing care for any animals that they own when they pass away.  Prior to this legislation being enacted, an animal owner had to leave funds with a human caretaker, who would then agree to provide care to the animals.

 

 

 

You may read more at the link below.

by: Gina M. Barry

Prime
August, 2022

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