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Taking care of Fluffy after your death

Steve Leimberg offers some good advice on pet trusts, which are becoming more common as pet owners who love their pets want to make sure they’re cared for after their deaths (remember Leona Helmsley leaving $1 million to her dogs?). If a testamentary trust is created to provide for the animals, the trust must first pass through probate. Probate proceedings can take some time, during which the trust may be unable to make the desired provisions, putting the onous on the trustee or others to feed, house, and otherwise care for the pets. The solution may be to draft an inter vivos trust instead.

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