Minnesota is one of the last states in the union to authorize pet trusts. A pet trust allows you to designate and fund a trust to provide for your pet after your death. There are a variety of limitations on the designation, is limited to 90 years, and the expenses have to be reasonable in relation to pet care. It’s important to consider who you will designate as the trustee and the person you appoint to care for your pet. Attorney Lisa Hill discusses pet trusts in this interview on KDUZ 1260 AM’s show “Legal Update.”
Lisa Hill is an attorney with Melchert Hubert Sjodin at the Hutchinson, Minnesota office. Lisa’s extensive legal experience includes estate planning, civil litigation, family law, real estate, and business law. To discuss your specific situation, contact our estate planning team at Melchert Hubert Sjodin at 320.587.2046.