Tuesday, November 13, 2012

PET TRUST




                                         A PET TRUST  
        "...DON'T LEAVE ME TO CHANCE...?" 

If something were to happen to you today, 
what would happen to your feathered or furred companions?  More than 30 states have laws requiring PET TRUSTS.  A PET TRUST may be created under a last Will & Testament, or a Revocable Living Trust.  Either way there generally are four parties to a PET TRUST:

1.  Trustee
               An individual, a corporate fiduciary, or
    both.  Remember to appoint successors in 
    case a primary trustee or caretaker is
    unwilling or unable to serve.
2.  Caretaker
    A trusted friend or family member likely 
    who knows your pet better than any 
    outsider,whenever money is involved.
    Caretaker should be a different person 
    from the Trustee.
3.  Pet
    Set aside appropriate amount of property 
    much to set aside depends on two 
    variables. The life expectancy of your pet
    and the projected cost of care.
4.  Remainder Beneficiary
    Is the person designated to inherit any 
    remaining trust property upon the death of
    the last surviving pet beneficiary.
    Typically, the remaining beneficiary is a 
    family member, friend or charity.
A PET CARD should contain name, key information about your pet:  name, breed, location, special care needs and Veterinarian, and contact information of the appointed Trustee, Caretaker of your PET TRUST.  

On Maui for an affordable and dog-loving Attorney who can manage PET TRUSTS is:
Roya Deyhim, Attorney.
A Workshop of about 7 people would be a good
way to be introduced to PET TRUSTS.  

Should anyone be interested, please telephone CanineVisions 
808 495 0187.
The Workshop is an informed meeting to answer questions and to discuss openly or privately with Ms Roya Deyhim.
The Workshop is FREE for a group of 7 to 10.

What better way to be informed for the lasting care of your pet.