Pet Trusts, Pet Planning, Animal Care Agreements
By Martin M. ShenkmanRachel Hirschfeld, LLC PetTrustLawyer.com
Pet Trust, Pet Planning, Animal Care
Martin Shenkman & Rachel Hirschfeld, LLC
Pets play a very important role in people’s lives. But what happens to these dogs and cats when their owner becomes incapable of taking care of them, or passes away? Shelters have a 72- hour rule, where if the animal is there for more than 3 days, they euthanize them. Since pets are treated as property, the courts can only enforce the transfer of the pet, not the care of the pet after it is given away. Pet trusts are necessary, The pet trust industry is a 3 billion dollar industry. A Pet Trust is a detailed, legally sanctioned, and enforceable arrangement providing for the care and maintenance of companion animals in the case of the owners inability to care for the animal and death. Listen to this audio clip to find out more about how pet trusts work and why they are necessary.
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