How to Leave a Legacy for Your Pet.

by Peggy R. Hoyt

Have you ever wondered what would happen to your pet if something happened to you? All My Children Wear Fur Coats--How to Leave a Legacy for Your Pet by Florida Bar member Peggy Hoyt addresses all of the issues related to estate planning for pets and ways to memorialize and cope with the loss of a pet.

Surveys report there are more than 140 million pet dogs and cats. These figures do not include the millions of horses, birds, reptiles, and other pets. Yet few owners have done anything to ensure the long-term care of their pets in the event they are unable to provide for their pets personally.

In many states, simply making a will or a trust that includes pets may not be sufficient. Many states do not recognize provisions that attempt to provide for pets. Therefore, it is critical to evaluate all of the possible planning options.

Each year additional states adopt legislation permitting pets to receive testamentary gifts (at death) from their owner...