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Simple English definitions for legal terms

pet trust

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A quick definition of pet trust:

A pet trust is a special kind of trust that is made to take care of a pet after its owner dies. There are three types of pet trusts: honorary, traditional, and statutory. An honorary pet trust is not usually enforceable, so it's better to avoid it. A traditional pet trust lets the owner have more control over the pet's future care, like specifying the type of care the pet will receive, what happens if the caretaker can't care for the pet anymore, or what happens to the pet's remains after it dies. In a statutory pet trust, the pet is the direct beneficiary of the trust, and a caretaker provides day-to-day care for the pet.

A more thorough explanation:

A pet trust is a legal arrangement created to ensure that a pet is taken care of after its owner dies. There are three types of pet trusts:

  1. Honorary Pet Trust: This type of trust involves leaving a sum of money to an individual who is designated to care for the pet. However, courts generally hold that these types of trusts are unenforceable.
  2. Traditional Pet Trust: In this type of trust, the pet is left to a caretaker, and the trustee is required to make distributions of funds to the caretaker to cover expenses for the pet. The owner has control over the future care of their pet, such as specifying the type of care the pet will receive, what happens if the caretaker is no longer able to care for the pet, or the disposition of the remains of the pet after it dies.
  3. Statutory Pet Trust: The pet is the direct beneficiary of the trust, and no human beneficiary is required. The pet is left to the trust, and the trustee becomes the owner. A caretaker then provides day-to-day care for the pet.

For example, if a person wants to ensure that their beloved dog is taken care of after they pass away, they can create a pet trust in their will. They can specify who will take care of the dog, how much money will be set aside for the dog's care, and any other instructions they want to include. This ensures that the dog will be taken care of and loved even after the owner is gone.

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just for u sweetie pie
15:43
woah so much swagger with dat 'm;
Dkk
15:47
@shaquilleoatmeal: more like, blow my back out by the bay boston instead of back bay boston.
Dkk
15:48
Indeed, the legendary man himself.
15:49
I would go to blow my back out by the bay boston
15:50
lift with ur back not your legs, its better to have a blown back than two bad legs
CynicalOops
15:53
Blow and back day out by boston bay
15:59
so true
Dkk
16:03
Of course. Man sad Ricky Henderson died. That was my favorite athlete of all time.
windyMagician
16:10
is it dumb that I rlly want to go to Mich even tho I have a full ride to umn
16:12
no-value as a consumer often means more than the price
Dkk
16:15
@windyMagician: Nah michigan is better than UMN
Dkk
16:15
My sister just officially graduated, yay!
16:16
awesome @Dkks sister
16:16
prolly named veronica or sarah
windyMagician
16:16
@Dkk: for public defense tho?
windyMagician
16:16
Sarah in the bathroom
texaslawhopefully
16:17
@windyMagician: not at all. Michigan is also very generous with aid, so if you get enough it makes perfect sense to take it.
windyMagician
16:17
fuck okay
windyMagician
16:17
going to my dream school is crazy
michigan also has better options if you do PD for 10 years then want to do something else
windyMagician
16:19
also would love to clerk for my federal district court even tho I know its hella competitive, I think mich sets me up better?
16:20
would be a great point to bring up when ur deciding / visiting each place- see what recent placement looks like
texaslawhopefully
16:23
For fed clerkships by far Michigan places better. I think it’s like 14-15 percent
windyMagician
16:25
sticker debt is high-key scary tho
texaslawhopefully
16:26
I’m sure you’ll get good merit aid though. Look at Michigan’s 509 report. They’re very generous.
16:34
i am going to wait patiently into january to get into a law school
16:34
then i will start tweaking
texaslawhopefully
16:42
January could not come any sooner
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