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BATES - BUCHANAN & SAVITSKY LAW GROUP, P.A.

Dawn Marie Bates-Buchanan, Esq, Susannah C. Savitsky, Esq.

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WHAT IS AN ANIMAL TRUST AND WHY SHOULD EVERY ANIMAL OWNER HAVE ONE?

 

Florida statute (see below) provides that a trust may be created to provide for the care of an animal alive during an owner's lifetime. The person who owns the animal and who creates the trust is called a settlor - when a settlor creates a pet trust, they can designate a caretaker, put aside money to pay for the pet's care and ensure that if something happens to them their pet will be safe. A pet trust terminates on the death of the last animal named in the trust.

Why is a Pet Trust important?

 

If you fail to plan for your pet's future and something happens to you, your pet could end up in a shelter, scared and facing a death sentence. When there is nothing wrong with an animal except having an owner who can no longer care for it, this is the saddest of things that could happen.

 

I don't have anyone to name as a caregiver for my pets - can I still set-up a Pet Trust?

 

If you don't have someone to name as a caregiver for your pet, there are hundred of rescue organizations for every breed and mix of dog, cat, or other animal (bunnies, ferrets, etc). Most of these groups would be more than willing to recieve the animal and money to care for it in foster care, until the animal could find a "furever" home again. At the Bates-Buchanan & Savitsky Law Group, we would be happy to help you find the right origanization to care for your pet if you no longer can. 

 

I don't have a lot of money - can I still afford to set up a Pet Trust?

 

For a limited time, The Bates-Buchanan & Savitsky Law Group is setting up Pet Trusts for animal lovers FOR FREE.

There is no purchase necessary - We are animal lovers and we just want to make aure all pets are safe!

 

If you think you do not have enough money to fund the pet trust, we can help you find creative ways to fund your pet's continued care. You don't have to be rich to care for your pet after you are gone!

 

Please take time to think about your pets when you address estate and healthcare planning needs.

 

Florida Statute § 736.0408 
(1) A trust may be created to provide for the care of an animal alive during the settlor's lifetime. The trust terminates on the death of the animal or, if the trust was created to provide for the care of more than one animal alive during the settlor's lifetime, on the death of the last surviving animal.

(2) A trust authorized by this section may be enforced by a person appointed in the terms of the trust or, if no person is appointed, by a person appointed by the court. A person having an interest in the welfare of the animal may request the court to appoint a person to enforce the trust or to remove a person appointed.

(3) Property of a trust authorized by this section may be applied only to the intended use of the property, except to the extent the court determines that the value of the trust property exceeds the amount required for the intended use. Except as otherwise provided in the terms of the trust, property not required for the intended use must be distributed to the settlor, if then living, otherwise as part of the settlor's estate.