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Published on: 8/3/2007
Last Visited: 8/4/2007
Expect to spend at least $1,500 to $2,000 to establish a trust, which requires the skills of a professional, according to Kim Bressant-Kibwe, trusts and estates counsel with American Society for the Prevention of Cruelty to Animals.Hirschfeld's rate starts lower than that range, but the price rises depending on the services that are desired. Owners should start thinking about establishing a trust "the minute" they acquire an animal, recommended Bressant-Kibwe. "Life isn't guaranteed to any one of us," she said."People are particularly interested in pet trusts because they reach beyond the grave." If you don't want to spend the cash or time on a trust, try setting up a bank account with someone whom you trust to care for your animal. End of Story"Pick the right person and hope that when the time comes that they'll have enough integrity to follow your wishes," Bressant-Kibwe said.