Pet Care Trust Document Preparation Software for Paralegals and Firms.
Create a complete set of Pet Care Trust legal documents for any number of clients using the comprehensive forms and instructions of America's premier legal form software company, Standard Legal!
PET CARE TRUST LEGAL FORMS SOFTWARE
This Pet Care Trust package allows the Grantor (the person making the Trust) to place money, property or other assets into the Trust. Upon the Grantor's death, the Trustee will use this money to pay for or reimburse the cost of caring for the pets. This money will be paid so long as those pets are living or money or assets are available to the Trust for that purpose.
The Trust is drafted so that the Trustee of the Trust is the owner of the Grantor's pets. The Grantor is also named as the initial Trustee of this Trust, and so long as the Grantor is alive he or she will keep and provide care for the pets. Upon the Grantor’s death or incapacity, the Grantor's pets will be given to a Beneficiary who will care for and look after the pets.
This Pet Care Trust is NOT intended to be the only document used for estate planning or for handling the Grantor's assets or property. This Pet Care Trust is to be used only to provide for a mechanism to pay for the care of pets. This Pet Care Trust can and should be used in conjunction with another Living Trust, a Last Will and Testament, or other Estate Plan tools.
The Grantor should decide how much money or property will be required to care for his or her pets following the Grantor’s death, and this amount should be made available to the Trustee through a bank account set up in the name of the Trust. Some factors that the Grantor should consider in this regard is the number and types of pets, the expected life span of the pets, any medical issues or conditions affecting the pets, the standard of care that the Grantor wishes to provide for the pets, etc.
The Grantor should be aware that transferring an unreasonably large amount of money or other property to the Trust could be problematic. If more money than is necessary for the actual care of the pets is paid or provided to the Trustee, the Grantor’s family members may object to the existence of the Trust and its funding. Then a court may reduce the amount available for care of the pets to what the court considers reasonable.
HOW SPECIFIC IS THIS PET CARE TRUST?
In this Trust, the Trustee is granted the discretion to determine what the reasonable costs for the care of the pets may be, and to distribute Trust funds to the Beneficiary to pay for such care. The Grantor can limit the Trustee’s discretion by providing specific instructions on how much money can be paid for the care of the pets, how and when distributions can be made, etc.
For example, if the Grantor desires that the Trustee pay the Beneficiary a fixed amount each month regardless of the actual care expenses, that fact and the amount can be stated in Trust. Or, the Grantor can provide that the Trustee pays the Beneficiary only for reimbursement of expenses actually incurred in the care of the pets, and even require that the Beneficiary provide receipts for any expenses associated with care provided.
But the Grantor also should consider how the method of payment for care is to be made so as to minimize the inconvenience to the Beneficiary and other Trustees. Overly-inconvenient or burdensome payment requirements could cause the Beneficiary or a Trustee to lose interest in performing their required tasks.
Finally, the Grantor should prepare and carry an Animal Identification Card, a card or piece of paper that contains information about the Grantor’s pets. This card should include the type of animals, the names of the pets, their location, medical needs of each, and the contact information for the Trustee or the Beneficiary of the Trust. That way, if the Grantor becomes ill or has an emergency outside the Grantor’s home, the Animal ID Card will alert third parties that the Grantor’s pets require care and will allow them to contact the Trustee and Beneficiary so that they can care for the animals.
SAVE THOUSANDS OF DOLLARS vs. OTHER DOCUMENT SYSTEMS!
With Standard Legal, there are no monthly licensing fees or annual subscription payments. Simply buy a title once at an affordable price, and it's your to use as often as you require. Handle one specific legal topic, or save even more money with a Collection as shown below.
So how does Standard Legal keeps its software so affordable? By keeping it simple. Our legal forms software works with fill-in-the-blank ease. We offer clear introductions and overviews to each legal form topic. And we provide straight-forward questionnaires for quick and accurate client data collection.
Why spend money on complex systems from other law companies simply to generate the exact same finished documents? Save time and money while building your business with Standard Legal!
ABOUT STANDARD LEGAL'S PROFESSIONAL EDITION TITLES
DOWNLOAD: Our Professional Edition software is provided as a downloadable .zip file. A link will be sent by email to access the download within seconds after receipt of your order.
MAILED CD: In addition to the download, the software can be burned then shipped to you on a CD via U.S. Priority Mail for $5.95 total. Simply add the SOFTWARE MAILED ON CD to your cart and purchase that option during checkout.
UPDATES: The forms within each software title are updated frequently and all updates are available for download whenever needed. Simply log back in to your Paralegal Documents account to download the latest documents before working with a new client.
SYSTEM REQUIREMENTS & SOFTWARE FILE SPECIFICATIONS:
Standard Legal's Professional Edition software works on virtually all Windows, Apple / Mac, and Linux-based systems. Typically, the legal forms software comes in three document formats: PDF, Microsoft Word and Text files. As a general guideline, court or government created forms that must follow a specific look or format are provided as fillable, savable PDFs; long-form contracts and written agreements are provided as customizable Word and Text files, plus PDFs. (Titles that only use Court-drafted forms may come as PDFs exclusively.)
PDF forms require the download and installation of either the free Adobe's Acrobat Reader or the commercial version of Adobe Acrobat. To edit the baseline content of the PDF forms requires Adobe Acrobat.
The Word documents require a full version of Microsoft Word, Open Office, or another word-processing program that recognizes and allows for the use of fillable form fields.
The Text files can be edited with any word processing program, including pre-installed programs like Notepad and Wordpad.
Please be certain that you read and understand the complete details on the Standard Legal Professional Edition Licensing Agreement before making a purchase of this software.
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Pet Care Trust Professional Legal Forms Software
- Brands Standard Legal
- Product Code:SLN-PRO522
- Availability:In Stock