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Florida Statute 737.116 allows you to create a Trust for your Pet in the event of your disability or death. In the event of your death, without a trust, your Pet becomes an asset subject to Probate. In the event of your disability, since your Pet is considered an asset a Court  procedure called a Guardianship may be required to get your Pet taken care of. To avoid either a Probate or Guardianship proceeding to establish the means to take care of your Pet, a Pet Trust should be established.

Under the above statute you can fund a trust while you are alive to take care of one or more Pets, who survive you. The Trust can also be funded at your death and be incorporated into your primary estate planning documents. The Trust will stay in exsistence until the last Pet that survives you dies. Once the last Pet dies, the remaining funds are distributed as you direct. Just like a human trust, you can pick the trustees, and Pet advocates to make sure your intentions are being carried out. Your designated Trustee can either keep or board the Pet as you direct, and is responsible for the care of your Pet.

If you would like more information on this topic please call my  office at 954-981-6533.

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