Did you know that California is one of several states that allows residents to create a Pet Trust to ensure a pet is well cared for after their owner passes away?
If you are a pet owner and you consider your pet a member of your immediate family, it is important to understand how you can provide for your pet when you pass away.
In 1991, California enacted two additions to its Probate Code: Sections 15211 and 15212. Both sections allow pet owners to create special trusts for their pets. Specifically, Probate Code Section 15211 allows Californians to establish a special trust that ensures a pet receives the proper care for up to 21 years. Probate Code Section 15212 allows the creation of a trust that will offer lifelong care to an animal.
Some things to think about when creating a Pet Trust are as follows:
- Your Pet’s age and life expectancy
- Costs associated with feeding and properly caring for your pet
- Cost of veterinary care, medication, or surgery if ever needed
- Who you want to appoint as Trustee of the Pet Trust who will fulfill your wishes after your death and take care of your pet
Contact the experienced estate planning attorneys at Celaya Law to discuss setting up a Pet Trust for your beloved pet.
