More and More People Are Asking the Same Question
Can a person legally include an animal in their will? Pet owners have increasingly gained interest in ensuring there are provisions in their wills that secure their furry friends’ lives in the unlikely event of them passing away. Technically, an animal is legally considered property, and since a person cannot leave their property to another property, additional provisions must be made.
There Could Be a Special Provision in the Will
In order for you to include your pet in your will, you need to include a provision that dedicates a certain amount of money to the care of your pet. There is one problem with this solution, which is why most lawyers don’t recommend it. It’s difficult to make sure that whoever is taking care of the pet is actually using the funds exclusively for their benefit.
It’s Best to Set up a Pet Trust Fund
Yes, there is a better option. You can set up a trust fund for your pet and assign a trustee, the person who will be distributing the funds to the caretaker of the pet. The trustee or enforcer who will have the legal right to supervise the care the pet receives. A pet trust is a system of checks and balances dedicated to meeting the needs of your dog, cat, parrot, or another animal. The decedent of the will can also specify what would happen to the remaining funds after the pet has died.