Pet Trust Option Could Provide Care For Your Pet After One’s Death
PUBLISHERÂ’S UPDATE: Here is one of my favorites posts about Pet Trusts, from back on April 30th, 2022! We have a ton of interesting articles in our archives of the Ohio Family Law Blog. Use our Search tool and enjoy a few oldie but goodies!
Pet Trust Allows For Care Of Pet After Owner’s Death
When creating an estate plan, one indicates who should receive the remaining assets of the individual at the time of one’s death. However, at the time of death, what happens to one’s pets? Although most of us view our pets as beloved members of the family, in the eyes of the law, pets are considered personal property. Therefore, pets can be bequeathed in a will or trust just like any other personal property. How does one ensure that one’s pets are properly cared for? A couple of options may be considered.
If you have someone in mind that you trust to care for your pet or pets, a pet trust is an available option. Ohio Revised Code section 5804.08 allows for pet trusts in our state. It states the during an individual’s … Read More... “Blast From The Past: Providing for a Pet in an Ohio Estate Plan”