Updated Monday, September 1, 2014 as of 5:24 PM ET

Estate Planning for Pets: 6 Rules

There may be remaining funds in the trust when the last covered pet dies. At that point the pet trust will terminate and a remainder beneficiary will receive the leftover funds. But be careful about naming an individual as a remainder beneficiary -- especially one who is not an animal lover.

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Comments (1)
In all my years of reading financial advisor Blogs, this is the first time I read a topic about ones pets. Great work courtesy of Tracy Craig!

Cheers,

Marty Morua
Posted by MARTY M | Wednesday, August 27 2014 at 6:18AM ET
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