A New Way To Fund A Pet Trust?
I just completed a pet trust seminar for a number of local attorneys. The location for the program was at The Humane Society of Collier County, in Naples Florida.
Just the week prior to the seminar, nearly 50 dogs and young pups were delivered to the Society, as a local breeder was evicted from his residence, as a result of the current real estate debacle. Within one day, all of the dogs had been placed in foster homes, as over 500 local residents responded to the plea for help.
As always, the funding for pet trusts was one of the most discussed topics among the participants.
Interestingly, I learned that there is a different type of insurance policy that can be tied to long term health care coverage with the remainder or unused portion of the funding available to be used for your pet trust.
I do not want to go into detail about the policies or the company.
But ask your own insurance agent about the availability of this plan.
It might be a great idea to fund your pet trust.
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