There are certain instances when a pet will live longer than it’s owner. When this occurs, owners of those animals have the option of including them in a trust in order to know that they will be taken care of after their passing.
When writing a pet trust it is important to keep some key points in mind. Some of these points include: detailed instructions on the care for the animal, setting a specific amount of money aside for the pet, and realizing that these documents can be put in place before or after death.
Pet trusts can be very prominent documents to a pet owner. It is necessary to plan these out in detail in order to avoid the court changing certain aspects after death. If the outlined document seems excessive or allocates more to the animal than to a human relative, then the court may alter some areas of that trust.
Please contact the Houston wills and trusts attorneys of Garg & Associates, P.C. at 281-362-2865, if you or someone you know is interested in learning more about setting up a pet trust.