Popularity of Estate Planning for Pet Owners
The love owners have for their pets transcends death as documented by studies revealing that between 12% and 27% of pet owners include their pets in their wills. The popular media frequently reports cases which involve pet owners who have a strong desire to care for their beloved companions. You may follow these links for a FAQs and state statutes.
As evidence of the increasing interest in estate planning for pet owners, see Roberta C. Yafie, Trust-Fund Pets, NY Post, June 24, 2007 (stating that “[m]ore and more middle-class pet owners are opting for Pet Trusts to ensure their dependant’s are cared for”).
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