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Caring for Your Four-Legged Friend: Pet Trusts

Planning your estate is usually not a simple task and often requires you to make tough decisions regarding who gets what. Step one is to determine what constitutes the estate and obvious items are a house, bank account or 401k plan. What is not so obvious, and should not be overlooked,are our pets. Pets are important parts of our lives and to many pet owners, they are part of the family--it is only fair that New York laws provide a tool to ensure that a pet is cared for after someone has passed away.