Purpose:
The purpose of a pet trust is to provide funds to pay for
the pet's care after the death of the trustor.
How does it work? The trust can provide that a trust will be established
for the care of the pet, and a specified amount of money will
be used by the trustee for the care, feeding, and health care
of the pet for the remainder of its life. The trust for the pet
can be provided either through a will or through a living trust.
Legal authority: California Probate Code section 15212 was revised
in 2009 and authorizes trusts for pets.
Alternative: Another approach to lifetime care for pets would
be to give the pet to a friend, and also give the friend a cash
bequest. This would allow the trust to be closed prior to the
death of the pet, but also has a risk because the friend would not
be legally obligated to pay for the pet's care.