Property In Trust After Death For Dogs
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FAQ
In California, a pet trust is primarily used to allocate funds and any wishes on behalf of a pet. This can be done in several different ways. A pet trust can be made through a will, as a part of a revocable living trust, or a stand-alone trust.
Determine the amount of funds needed to adequately cover the expenses of administering the pet trust; Designate a remainder beneficiary in the event the funds in the pet trust are not exhausted; Provide instructions for the final disposition of your pet (for example, burial or cremation).
Pets are considered property by the state and are treated as such. A piece of property (a pet) cannot own other property (any money or assets one would leave in a will).
Most courts consider pets as property, so what happens to your pet will largely depend on what you write in your will. If you do not have a will or don't specify what your loved ones should do with your pet, the probate court will decide what happens to your pet while they make other decisions about your estate.
Pet trusts are similar, and often identical, to other forms of property trusts. For example you will often see families create a trust to care for a shared home, in which case the trust's assets are used to pay for maintenance, upkeep and oversight of the house.