Q: How can I make sure my pet will be cared for if I become disabled or die?
A: Ohio adopted a version of the Uniform Trust Code in 2007 that
lets you create a trust specifically for the care of your pet. Before that
time, provisions in your will were “honorary”; that is, the person you named to
care for the pet was not bound to carry out your wishes.
Q: Can I cover all types of pets using a pet trust?
A: Yes. The law covers any and all animals that are alive while
you are disabled and at the time of your death.
Q: How is the trust funded?
A: You
can fund the trust with any assets immediately, perhaps with a life insurance
policy or via the terms of your will or trust.
Q: Can I arrange for pet care through my will?
A: Pet care instructions included in a will cannot be enforced. Wills
disburse property, and current law considers pets to be property. You can only
ask that the person who gets your pet will take care of it and hope for the
best. Also, your will takes effect only after you die and the will has been probated. This does not help your pet if you become
disabled. Therefore, the best option
is to have a trust created before your death, and let the trustee, caregiver
and advocate know about it.
Q: How should I prepare a pet trust?
A: To create an effective pet trust, take the following steps:
· Select potential trustees, in order
of your preference, to administer the trust.
· Select potential caregivers, in order
of your preference
· Consider who will oversee the trust
to make sure the terms are followed. Trustees have a fiduciary duty (financial
obligation) to follow the terms of the trust. A series of named advocates can
bring the trustee to court, if necessary.
o NOTE: An experienced trust attorney
can help you understand the ramifications of trustee, caregiver and advocate, and
based on those you have in mind, can help you set the trust up to provide the
most protection for your pet.
· Because there have been cases where
the trustee "replaced" a dead pet with similar looking pets (and
continued receiving trust funds), you
should provide your advocate with pictures of your pet and have the pet
microchipped, if possible. To avoid amending your trust as you acquire pets in
the future, add this language to the description of your existing pets: "…and
any other pets I may have when I become disabled or die." Use the terms of
the trust to provide for pictures and microchipping of any pets not
specifically mentioned when you executed your trust.
· Provide pet care instructions.
· Note any health problems, medication
or treatments and a schedule of veterinary visits.
· Require the trustee to make sure the
pet gets regular, thorough veterinary check-ups.
· Require the trustee and advocate to
make regular inspections.
· Provide sufficient resources to cover
pet care expenses and specify how funds should be distributed (e.g., annually,
quarterly, bi-monthly).
· Provide funding necessary to
administer the estate.
· Consider taking out a life insurance
policy, making the pet trustee the beneficiary.
Specify how any funds remaining after the animal’s death should be used.
If you are asking a shelter to be your pet's caretaker, consider naming the
shelter as the successor beneficiary.
· State how the animal should be treated after its death. If cremated, say what you want to
happen to the ashes. If buried, name a cemetery that allows pet burials. In
most areas of Ohio, pets can be buried in a private yard.
Q: How much money will I need to fund my pet trust?
A: Based
on your pet’s life expectancy, compute an annual cost of care such as food and veterinarian
care and add at least three percent. Also plan on paying the caregiver, trustee
and advocate for their work. Include the
amount you are willing to pay in the trust terms. The caregiver, trustee, and
advocate can refuse the job if they don't think the payment is adequate. An
attorney familiar with trusts should be able to help you decide the source of pet
care funds.
Do not over-fund your
trust. This may invite a court challenge from heirs and beneficiaries. A court can
reduce the amount of caretaking funds to an amount it deems is reasonable for
the care of the pet.
This
“Law You Can Use” legal information column was provided by the Ohio State Bar
Association. It was prepared by Lima attorney Michelle L. Baumeister. Articles
appearing in this column are intended to provide broad, general information
about the law. Before applying this information to a specific legal problem,
readers are urged to seek advice from an attorney.
Labels: animals, pets, wills