Animal Trust

Follow up to Pet Trusts

Posted on

Following Leona Helmsley’s bequest of $12,000,000 to her dog, the USAToday published a nice article about the importance of setting up a pet trust for your beloved animals. I note that the article contains a nice chart detailing which states allow for the creation of pet trusts.

Animal Trust

Animal/Pet Trusts

Posted on
pet trust

New Jersey passed legislation a short while ago permitting the creation of a Pet Trust under: N.J. Stat. Ann. § 3B:11-38. The new law states: A trust for the care of a domesticated animal is valid. The intended use of the principal or income may be enforced by a person designated for that purpose in […]