A large number of pets are abandoned at shelters when their senior owners die or go to a nursing home. This article discusses a new legal consideration.
1. How many Americans over 55 have wills?
2. Why is there negative association with putting pets in the will?
3. How much does it cost to set up a trust for your pet?
4. Why is this important?
Pinsker, B. (2016). Your Money: How to protect your prized pet with a trust. Reuters, Dec. 13 (Retrievable online at http://www.reuters.com/article/us-money-retirement-pettrust-idUSKBN1422AV)