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Animal trust bill puts Fido in the Will

No one can deny the extreme love that people have for their pets. Companion animals, be they furry, feathered, scaled or finned, bring out the best in the owners who love care for them. Pets bring love, warmth and devotion into our lives,and caring for them is a responsibility that most pet owners are happy to assume, according to a New York Family Lawyer. 



Planning for the care of our pets after we are gone is necessary. Rather than being seen as mere assets that need a place to be stored, a growing trend in estate planning seems to taking place as more pet owners are leaving trust funds to the animals themselves. 

These trusts are legally binding, and provide calm reassurance to pet owners that once they are no longer capable of caring for their beloved friend, the animals needs will still be maintained and their lives will still be filled with love and affection. Pet owners can name guardians for their animals in the event of the owners death as well as set aside money that is only to be used in the care and feeding of the animals. 



Reports suggest that these trust funds are not just for the rich and famous. It does not cost a million dollars to keep a dog happy. And while high profile cases, such as Leona Helmsly leaving a veritable fortune to her dog, seem to be more excessively amusing than anything else, real people who love their animals are taking steps every day to make certain that their animals will remain comfortable no matter what befalls their owners. 

If you have questions or concerns regarding issues of custody, marriage, divorce or family planning, contact a Stephen Bilkis and Associates today for answers. Not only wwill skilled legal counsel be there for answers and guidance in your time of need, but they will represent your case with responsibility and respect.

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