Posted by Yulun Hung Written by Jessica Rivelli
St. Petersburg, FL -- Many people will remember the infamous recent story of heiress Leona Helmsly and her dog "Trouble," who inherited a fortune when Ms. Helmsly died.
In the real world, when everyday pet owners become incapacitated or even worse, pass away, what becomes of their pets? Without estate planning, the pets may be taken to shelters or even left for dead.
Starting at around $250, some tax and estate attorneys can help plan pet trusts and pet care. In this planning, an attorney can help designate a "backup person" who will care for a pet, which includes feeding, housing and paying for medical expenses. Usually a caretaker is a family member for friend.
In the real world, when everyday pet owners become incapacitated or even worse, pass away, what becomes of their pets? Without estate planning, the pets may be taken to shelters or even left for dead.
Starting at around $250, some tax and estate attorneys can help plan pet trusts and pet care. In this planning, an attorney can help designate a "backup person" who will care for a pet, which includes feeding, housing and paying for medical expenses. Usually a caretaker is a family member for friend.
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