Have you ever considered what would happen to your beloved pets if you died or were not able to care for them? Many pet owners consider […] The post What would happen to your beloved pets if you died or were not able to care for them? appeared first on Hillman Law Firm.
Have you ever considered what would happen to your beloved pets if you died or were not able to care for them? Many pet owners consider their pets to be a part of their family and want to make sure their pets are left in the right hands with appropriate resources. In 2015, a new trust statue was passed that allows Louisiana residents to establish trusts with pets as the beneficiary. You can now leave money or other assets in trust to be used for the care of your pet and can designate who the caregiver of each pet should be.
Here are some of the basics of La. R.S. 9:2263:
This law provides a simple and alternative way for an individual to provide for the care of an animal. A pet trust can be funded with cash, other assets or even life insurance. I know many of you will be relieved and happy that Louisiana now provides this. Contact me if you have any questions or are ready to create your own will. marie@hillmanplc.com
Disclaimer: The information contained in this article is for general information purposes only. Nothing in this article is or should be considered legal advice. The information in this article is not intended to create an attorney-client relationship, and viewing or receipt of information from this article does not create an attorney-client relationship.
The post What would happen to your beloved pets if you died or were not able to care for them? appeared first on Hillman Law Firm.