Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Tuesday, November 14, 2017

Estate Plans Don’t Have to Be Just for People

Look-at-this-adorable-dog-who-looks-like-a-bear-2-24445-1499701791-0_dblbigThe death of a loved one entails more than just emotional and psychological trauma. Many times, travel arrangements, funeral and burial expenses, receptions, etc. demand additional attention. With so many requisite issues needing to be addressed, the family pet and its ultimate destination can get lost in the flurry of activity. In order to make sure their beloved pet is taken care of after their death, many pet owners create formal estate plans. When considering such a plan, pet owners should name a caregiver, set aside a reasonable amount of money, outline a care plan, and create formalized agreements.

See Cheryl Winokur Munk, Estate Plans Don’t Have to Be Just for People, The Wall Street Journal, November 5, 2017.

Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.) for bringing this article to my attention.

http://lawprofessors.typepad.com/trusts_estates_prof/2017/11/estate-plans-dont-have-to-be-just-for-people.html

Death Event Planning, Estate Administration, Estate Planning - Generally, Trusts, Wills | Permalink

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