New Hampshire Will for Pets

I you wish to include your pet in your New Hampshire Will, there are several issues you may wish to consider.
Firstly, who is going to take on the responsibility of caring for your animal? This is the person who your animals will live with and be loved, groomed and fed by. Before selecting someone in your Will, make sure to speak with them first to ensure they are happy to take your pets. Once decided, you can name them as beneficiary. If you’re worried about finance, you can establish a pet trust in your New Hampshire Will. This is the only way to leave property for the benefit of your pet and to ensure it is actually used for its care. You can leave money and/or property in the trust as long as the value is reasonable. The court can reduce the amount if it considers it excessive. Remember to name a trustee (a person to manage the funds and who should be independent of the actual carer of your animals). Also designate beneficiaries who receive any excess or remaining assets once the trust ends (which will occur once the last animal covered by the pet trust dies). For more information on pet trusts in New Hampshire Wills, see the statute section below: 564-B:4-408 Trust for Care of Animal. – (a) A trust may be created to provide for the care of an animal alive during the settlor’s lifetime. The trust terminates upon the death of the animal or, if the trust was created to provide for the care of more than one animal alive during the settlor’s lifetime, upon the death of the last surviving animal. (b) A trust authorized by this section may be enforced by a person appointed in the terms of the trust or, if no person is so appointed, by a person appointed by the court. A person having an interest in the welfare of the animal may request the court to appoint a person to enforce the trust or to remove a person appointed. (c) Property of a trust authorized by this section may be applied only to its intended use, except to the extent the court determines that the value of the trust property exceeds the amount required for the intended use. Except as otherwise provided in the terms of the trust, property not required for the intended use must be distributed to the settlor, if then living, otherwise to the settlor’s successors in interest.

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