Many people actually make plans for their pet in the event that they die. California law views animals as property, so you can just bequeath your animal to a loved one. If you choose, you can specify a particular amount of money to go to that person to cover veterinary bills and food as well. Yet, if you want something more substantial for your beloved pet, you could always create a pet trust.
What’s A Pet Trust?
A pet trust formally indicates who will receive your pet, and specifically contains money to be used for your animal’s care. When you name someone as your pet’s caretaker the caretaker becomes the trustee of the trust. That way you can specify exactly how the money should be spent. You could even name one person as a caretaker and another as the trustee.
Starting back in 2009, California Probate Code Section 15212 finally recognized the special relationship between people and their pets. So, now California pet owners can make a legally enforceable trust to provide for a pet, if the owner becomes incapacitated or dies. See, this is not all that uncommon. Just talk to your estate planner and you’ll be able to figure out the best option for you and your furry family.
Do You Need A California Realtor Specializing In Probate?
We are experts in the probate sale under the probate code and trust law. So, we know the California Probate Code. We won’t let you get lost in it. If you need a realtor in California specializing in probate, please contact us today! We are upfront and honest about the costs of probate. Everyone wants to know about probate fees, but no one wants to talk about them. We will though. Sentinel Realty Partners wants our clients to be fully prepared and fully informed about buying or selling California probate real estate.
We have a list of the absolute best probate lawyers in California available for our customers. Plus, we also have relationships with the most vetted contractors, plumbers and electricians in California. See? We will guide you through every step of the process of selling (or even purchasing) a home involved in probate.
If you are buying a home in California, please have a look at our probate property search. If you need a Los Angeles, Orange County, Riverside, or San Bernardino professional to help you through the probate real estate maze, call us! These waters a murky, and you’ll want a knowledgeable, dependable, responsive team behind you. Check out Sentinel Realty Partners’ client reviews.