Families Avoid "Ruff" Times for Their Pets With Trusts
Leona Helmsley Isn't the Only Person Leaving Big Bucks to the Dogs
| Source: LegalZoom.com
LOS ANGELES, CA--(Marketwire - June 25, 2008) - Three out of four pet owners consider their
pet part of the family.(1) In fact, as families plan for the future and
create their last wills and trusts, they are making sure their four-legged
friends are kept out of the pound by creating a pet trust. LegalZoom.com,
the leading online legal document and filing service, reports that last
wills with pet trusts comprise a quarter of all its last will volume.
While Leona Helmsley's decision to leave her pooch $12 million might seem
outlandish, you might be surprised to find out 30% of LegalZoom's pet
trusts left behind $10,000 or more -- a few trusts are even in excess of $1
million!
"Pets are part of the family, and people want the peace of mind knowing
that their family is protected if they are not around," explains Brian Liu,
co-founder and chairman of LegalZoom. "At LegalZoom.com, we make it easy
for you to create a last will and trust that protects the people -- and
pets -- that you love."
About LegalZoom.com
LegalZoom.com is the nation's leading online legal document and filing
service. Co-founded by attorney Robert Shapiro in 2001, LegalZoom.com
(www.legalzoom.com) offers a convenient and cost-effective way to take care
of common legal needs. LegalZoom service offerings include: Wills, Living
Wills, Incorporation, LLC Formation, Living Trusts, Powers of Attorney,
Divorce, Small Claims, Trademarks, Patents, Copyrights and more.
LegalZoom.com is not a law firm and does not provide legal advice or
counsel.
(1) http://www.petage.com/news070508.asp