Posts Tagged ‘Trusts for Pets’
World's Richest Cat Can't be "Trusted"
According to an article in The Guardian, “Tommaso, a four-year-old, one-time stray from Rome, is thought to have become the world’s richest cat.” We’ve seen cases like this before, but unlike Massachusetts, which allows residents to establish trusts for their pets before and after death, Italy does not. So in the case of Tommaso, the…
Read MoreNews Update: Trusts for Pets
Effective April 7, 2011, residents of Massachusetts may now establish pet trusts to care for one or more animals, living during the settlor’s lifetime. This trust now allows individuals to plan for and take care of their pets not only during their lifetime but also after their death. The court does retain the right to…
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