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Frances Carlisle, a trusts and estates attorney practicing in New York City, writes: After Leona Helmsley died, the news was full of stories about the $12 million trust for her little dog, named Trouble. That was good because it brought attention to the existence of trusts to care for pets, but bad because it appeared that pet trusts were only for the very rich, and rather foolish. But the use of trusts for the care of pets is an appropriate estate planning tool for any pet owner, even one of modest means.
May 28, 2009 at 12:00 AM
1 minute read
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