We Can Help - Se Habla Español

Estate planning strategies that secure the future of your pets

When it comes to pets and estate planning, few animals were as fortunate as Trouble. The white Maltese owned by Leona Helmsley, the late hotel magnate, received a $12 million dollar inheritance in 2007 -- a seemingly hefty sum if you do not take into account the dog's annual living expenses estimated at $190,000.

While you can't take it with you, your pets can benefit from your largesse through a will and/or trust document.

Pet trusts continue to grow in prominence. Florida and most states recognize them as a valid part of an estate plan. Without one, animals can be placed in shelters with some euthanized following the death or incapacitation of their owners.

Pets, while considered property with limited legal rights, can inherit money that takes into account their age, health and past lifestyle. Owners name the caretaker (and preferably an alternate) or caretakers if multiple animals are involved. The individual designated follows the instructions on how to use the money.

Upon the death of the pet, the trust clarifies the disposal of the remaining funds and the handling of the animal's remains.

Selecting the right individual -- or in some cases, an organization -- should be someone who you not only respect to carry out the plans, but also share your commitment to the animals who are a large part of your life.

With the help of an attorney, proactive steps in preparing a will or establishing a trust are essential to make your wishes known upon your incapacitation or death. Your family and pets are entitled to that peace of mind during difficult times.

No Comments

Leave a comment
Comment Information
  • Avvo Clients' Choice
  • Lawyers.com
  • ATG
  • JDSUPRA | Give Content. Get Noticed.
  • SSF | Short Sale Facilitators
Email Us For A Response

Contact Korshak & Associates

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

North Office
950 South Winter Park Drive
Suite 290
Casselberry, FL 32707

Toll Free: 800-587-2470
Phone: 407-680-1471
Phone: 407-680-1471
Casselberry Law Office Map

South Office
13574 Village Park Drive
Suite 235
Orlando, FL 32837

Toll Free: 800-587-2470
Phone: 407-680-1471
Orlando Law Office Map

Back to Top