You Cannot Leave Cash To Your Pet

Posted on January 26, 2009 by Danny Meek

Why do I need to go to the expense of establishing a pet trust for my cat Erica? I should be able to just leave her X amount of dollars in my will. Right?
Betty Lou                                                                  Pine Island, FL

Betty Lou, the answer to your question is very simple.

Although the attitudes of judges and juries in many states are slowly changing, the basic law is still that your pet is a piece of personal property.

Therefore, since Erica is still legally personal property, it is clear that personal property cannot own other personal property.

If you tried to give cash directly to Erica the result would be a legal impossibility and the gift would therefor be void.
 

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