Estate Planning and Probate Attorney in Dallas

Make an appointment to consult with Attorney Robert Rosen today! Call 972-503-1436 or e-mail at rlrosen@therosenfirm.com

The Rosen Firm  
Phone: 972.503.1436
Toll Free: 877.714.0583
rlrosen@therosenfirm.com

PET TRUSTS


Pets are Special People.

If you are anything like me, your pets are far more than just animals.  They are special people who just happen to have fur and walk on four legs.  They are certainly among the most important creatures in your life and you are no doubt the most important one in theirs.  Certainly you can recall times when their unwavering loyalty and unconditional love made a trying time or situation easier for you to handle.   You can return the favor by taking steps to assure their well being when you are no longer able to be there for them.

What is a Pet Trust?

A pet trust is a similar to other trusts and specifically creates an arrangement that provides for the care and maintenance of one or more of your pets in the event of your disability or death. As the person who creates the trust, you are referred to as the ‘settlor’. The person whom you entrust with the funds is called the ‘trustee’. Your pet trust can take effect either during your lifetime or after your death. Tex. Prop. Code § 112.037 specifically addresses the issue providing that a trust may be created for the care of an animal or animals alive during  your lifetime. The trust terminates upon the death of your last surviving pet covered by the trust.

Why Create a Pet Trust?

Because trusts are enforceable by law, you will have peace of mind knowing your pets will be cared for according to your wishes. The directions you leave in the trust can and should be very specific. If your cat is a picky eater you can specify a particular brand of food or if you want your dog taken for a walk regularly, you can specify this in the trust agreement. A trust that goes into effect while you are still alive can also provide instructions for the care of your pets in the event that you become physically or mentally disabled. Since you know the particular habits and eccentricities of your pets better than anyone else, you can describe the kind of care your pets should have.  You can be as creative as you wish in this area, addressing nutritional and health issues, naming preferred veterinarians and ultimately providing instructions for your pet’s burial or cremation.