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Taxation & Estate Planning
: Res Publicae - The New York Estates BlogHonorary Trusts for the Care of Animals
By Christopher L. Miller
South Carolina is one of about 38 states plus the District of Columbia that allow for trusts to be established for the benefit of animals and pets. While such trusts had not been recognized under the state common law because there were no human beneficiaries to enforce their terms, the South Carolina Trust Code now makes such trusts valid. (more…)
Full post as published by Res Publicae - The New York Estates Blog on October 15, 2009 (boomark / email).
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