Many pet owners consider their four-legged friends part of the family, and just like with any other family member, clients want to ensure that their pets are taken care of after they die. Perhaps the best way to ensure this is by creating a pet trust.
A pet trust is similar to other trusts and includes terms that provide for administration of the trust, distributions, care and custody of the pet (including medical care, grooming requirements, etc.), and may even include end-of-life instructions for the pet.
This webinar will discuss the benefits of creating a pet trust rather than relying on family members or friends to care for your pet after your death. It will also discuss the various provisions that should be included in the trust agreement and what requirements certain states have for a pet trust to be valid.
Practitioners will learn about the following:
- When to suggest that a client create a pet trust, as clients may not know that this is an option
- What provisions should be considered and included in a pet trust
- The distinction between the trustee of the trust and the caregiver of the pet
- Options for remainder and contingent beneficiaries
- How certain states' statutes differ regarding requirements for a pet trust to be valid (e.g., maximum trust terms)
TUITION
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Trust & Estates |
Included |
Business Law |
Website access |
Trust Administration |
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Elder Law |
$129 |
Gun Law |
$129 |
Marketing Source |
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Memberships
Essential |
Included |
Trusts & Estates Professional |
Included |
Elder Law Professional |
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CLE HOURS
CLE:
1.0 credits
States Pre-Approved: AR, CA, MO, NJ, NY, OH, OK, PA, TX, UT, VT (AK, AZ, CT, NH eligible to claim credit)
States Pending Approval: GA, IL, KS, NC, TN
CFP:
1.0 credits pending (National CFP Board)
CPE:
Program Knowledge Level: Intermediate
Delivery Method: Group Internet-Based
Recommended CPE Credit: 1.0
Field of Study: Taxes
Prerequisites: JD
Advance Preparation: None
Review Date: 9/06/23
ACTION NOTES:
For accurate records, each employee in an organization is required to register individually for CLE attendance reporting and audit. However, if multiple people from an organization (who have individually registered) would like to view together under one employee's registration and login, please send a list of those individuals along with the verification code(s) to cle@wealthcounsel.com, so their attendance is marked accordingly, and accurate credits are reported in states where required by sponsor.
In order to be awarded the full credit hours, you must be present during the entire program.
WealthCounsel LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. NASBA Sponsor ID 108255. Note: we do not offer CPE to CPAs in individual states, only through NASBA.
For information on refunds, concerns, and program cancellation policies, please contact our offices at 888-659-4069, ext 818 or memberservices@wealthcounsel.com