Have you given much thought about leaving something behind in your last will and testament for your best friend’s well-being in case of your unfortunate demise? Maybe you have already done so, instead of something from your estate in a will, a trust is a much better way to go.
For example, pets are considered “personal property” in Texas, and as such, putting them into your will means they’ll have to wait for your estate to go through a lengthy probate period, which in the Lone Star State, can take up to four years.
During the legally trying and stressful time of probate, your dog or cat is likely already going through separation anxiety and your pet’s ownership, everyday needs, food, water and shelter are all in jeopardy. Unlike a will, a trust goes into effect immediately, usually upon your death or disability to ensure their welfare.