Do I need to make provisions in my estate plan for my pet(s)? Yes, since the care and health of those animals is so important to you, you should make certain that someone whom you trust is named to be in charge and that that person is given sufficient funds to properly care for your animals. Ohio now permits the creation of “Pet Trusts” specifically to address this issue. Discuss this with your estate planning attorney.
-Attorney Jack N. Alpern
Latest posts by Jack N. Alpern, Estate Planning Attorney (see all)
- Just When You Thought You Understood the 10-Year Rule, Think Again - April 4, 2022
- Charitable Planning in Times of Crisis - November 1, 2021
- Advantages of Using a “Grantor Trust” in Planning - October 5, 2021