Jan 22 2025 16 mins 1
Lindsay discusses the importance of pet trusts for ensuring the care of pets after the owner's death. She explains that pet trusts can be included in estate plans, providing funds and care instructions for animals. Examples include Leona Helmsley's $12 million trust for her dog Trouble, reduced to $2 million, and Oprah Winfrey's reported $30 million for her dogs. Wheeler emphasizes the need for specific care instructions, such as diet, grooming, and veterinary care, and the importance of naming reliable caretakers and trustees. She also highlights the necessity of updating pet trusts regularly and considering the pet's specific needs and living conditions.
Wine Talk:
2023
Meadowcroft
Rousseau
Dry Creek Valley, CA
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