Trusts for Wild Animals
Estate planning for pet owners is gaining in popularity and is discussed in detail here.
It has recently been reported that the state and federal officials are considering establishing a trust for wild grizzly bears and gray wolves in the Montana, Idaho, and Wyoming area. Funding for the trust would come from Congress, states, corporations, and nonprofit organizations.
It is hoped that the trust corpus could reach $100 million so that the income would be adequate to fund hiring biologists, purchasing radio collars, and other expenses.
For more information, see AP, Grizzlies, wolves could get trust fund, CNN.com, May 18, 2007.
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