Can The Pet Trustee Write A New Pet Trust?

Posted on November 4, 2009 by Danny Meek

We recently lost a dear friend that made me the trustee of her trust. There was a clause in the instructions that made a provision for her cat, Babe. It is very vague in the specifics, but we feel we need a separate trust set up just for the cat. The funds are limited and insignificant, but we want to honor her wishes. Do you have a basic Pet Trust already created or do you specifically draft each individually?

Please let us know what you would recommend.

Thank you,

Brad and Amy Sue

Brad and Any Sue, I am truly sorry for the loss of your friend.

I have no doubt that she cared for you very much in that she named you to be her Trustee, a very responsible position.

There is no such thing as a basic pet trust as each document must be individually drafted for the specific case.

However, before you consider writing a separate pet trust, you need to consult with an attorney, as her trust may prohibit this activity. You may also be required to receive the written consent from the contingent beneficiaries.

Take care of Babe.


 

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