When people create a last will and testament, they normally leave their assets to specific loved ones, but did you know that you can also leave assets to your pet animals? It has been reported that Oprah Winfrey set up a trust leaving $30 million dollars for her beloved dogs at her death and who can forget when Leona Helmsley set up a trust leaving an estate worth $12 million dollars to her Maltese, Trouble, when she died in 2007. Captivatingly, you do not have to be a billionaire or famous to plan for the future of your furbabies.
What is an executor and how to I choose one?
So, you've been named the Executor of a will.