Update Your Estate Plan For Your Pets

Posted on September 14, 2009 by Danny Meek

I had a recent question, at a seminar for estate planning for animal owners that applies to many people.

A couple had established a pet trust that appointed the local humane society as the caregiver for their pets. Unfortunately, this facility was now some 3,000 miles away.

They were concerned about the costs and timing of the transfer of the pet to this facility.

They also had questions about the validity of their existing trust because they now lived in another legal jurisdiction.

When you change your residence from one state to another, you should contact a local attorney to review your current estate plan.

You need to be sure that it conforms to the laws and requirements of your new home state.

Each state has their own laws governing estate planning and that includes your pets.

Keep your estate plan current.


 

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