Pet Trusts
The Courts in Delaware consider pets to be personal property. This means that in your will, you can't leave money directly to your pets. However, to make sure your pets are properly cared for after your death, you do have the right to create a pet trust. With a pet trust, the money you set aside for the care of your pet is given to a person you name as the trustee. The trustee becomes the technical owner of your pet, and the trustee also safeguards the funds you have set aside for the care of your pet. In the pet trust, you can choose the person who you want to be the caregiver (the person who cares for your pet every day). If you want, the trustee and the caregiver can be the same person. The other benefit of a pet trust is that it allows your funds to be used right away for your pet rather than be held up in probate.
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