714-385-0044 detlaw@hotmail.com

Pet Trusts

Los Angeles – Riverside – San Bernardino – Orange County – California

Provide For Care and Protection of Your Pet

In 2008, California adopted a revised pet trust statute, which is found in California Probate Code Section 15212.

This law allows for you to include in your estate plan a provision that upon your death, a certain sum of money will be held by a trustee (that you appoint) in trust for the benefit of your pet.

You also nominate a caretaker to take care of the pet.

The trustee and the caregiver may be the same person, or 2 different persons.

 

Pet Trust Administration

The nominated caregiver takes physical possession of the pet when you die, and the trustee provides funds to the caregiver as needed for the costs of the pet’s food, veterinary care, and supplies.

A pet trust is considered a lawful trust, but is considered noncharitable; and “animal” is broadly defined in the law to include any domestic or pet animal.

The pet trust ends when the animal dies, and any funds left over are distributed to “remainder beneficiaries” which you name in the trust.

There are some requirements for accounting for large trusts, or if the trust document requires accountings, or if a court so orders an accounting.

Essentially, the pet trust is conducted in much the same way as a standard Trust Administration.

 

Protect Your Rights and Assets

The early stages of planning are critical.

Call me directly at 1-714-385-0044 to schedule a consultation

or email me.

Primary Services

Amending Trusts

Business Planning

Estate Planning

Living Trusts

Naming Guardians

Pet Trusts

Special Needs Planning

Trust Funding

Protect Your Rights and Assets

Call the California estate planning attorney you need directly at 1-714-385-0044 to schedule a consultation or email me.

DwightWPStateBarLogo

Dwight Edward Tompkins, Esq.

Location

171 S. Anita Dr. Ste.119
Orange, CA 92868

Tel :

+1 714 385-0044

Fax :

+1 714 385-0066

The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.

Copyright 2020. All Rights Reserved. Developed by Web Search Pros | Terms and conditions | Privacy Policy