In most homes pets are considered family. There are two instances that we deal with pets and the law.
The first is by utilizing an estate planning vehicle called a Pet Trust to protect your pet or pets if something happened to you. A Pet Trust allows you to designate who you want your pets to go to and also allows you to leave them a certain amount of money for their care.
Divorce Possession Schedules
The second is during a divorce. When most people think of divorce they think of who gets the house or who gets custody of the kids, but rarely think of who gets the dog. Because pets continue to become more and more important, we are seeing judges’ award possession schedules for pets. If you are going through a divorce, it’s important to consider a possession schedule for your furry four-legged friends.
For additional information on Pet Trusts and Pet Possession Schedules, contact our office.
Do You Need The Guidance Of An Experienced Estate Planning Attorney?
If you find yourself thinking more and more about how to preserve your assets for your family you should speak with an experienced estate planning attorney as soon as possible. Contact us online or call our Dallas office directly at 214.559.7202.