What do I need to know to fulfill my ethical duties if an estate planning client owns one or more animals?
What techniques should be recommended to clients to provide for the care of their animals if the client becomes disabled, after the client dies or if the client is unavailable?
Tuesday, November 9, 2010
Format: Teleconference and Live Audio Webcast
Duration: 90 minutes
Sponsor: The ABA Section of Real Property, Trust & Estate Law
Read more at http://www.abanet.org/rpte/eCLE/programs/2010/RP0TEI/
What do you think? Should all dog owners need to take a competency test before they own a dog? This is what the British Government wants to do:
"Every dog owner will have to take a costly ‘competence test’ to prove they can handle their pets, under new Government proposals designed to curb dangerous dogs. Owners of all breeds would also have to buy third-party insurance in case their pet attacked someone, and pay for the insertion of a microchip in their animal recording their name and address. The proposals are among a range of measures to overhaul dog laws in England and Wales being considered by senior Ministers, who are expected to announce a public consultation within weeks."
Should owners also be required to create a pet trust or pet protection agreement so that all pets will be ensured continuing care if their owner is unable to care for them?
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When pet owners memorialize instructions for their pets in a pet trust or pet protection agreementTM they can be sure that their pets next owner will not only be aware of this great program but will also be encouraged or directed to use this innovative program wihich offers hospice care for dying pets.
Click Here to read the story.
Pet owner’s efforts to provide for their pets’ ongoing care is gaining acceptance. Did you know that by law, pets are property and treated as such? How does this relate to estate planning? Is the Will enough? What is the difference between a Pet Trust and a Pet Protection Agreement? This session will review:
1. Infamous cases such as Leona Helmsley and Oprah Winfrey – celebrities who provided millions for their pet’s continued care
2. The silent explosion of interest among pet owners who would provide continuing care for their beloved pets, if they were aware it was an option
3. When something happens to the pet owner – such as an accident, illness or death – a Pet Trust or a Pet Protection Agreement becomes critical
An educated advisor knows the right question to ask – simply, “What about the pets?” and where to find the answers.
Date: May 03 - May 04, 2010
Location: Bellagio
Las Vegas, NV
Recommended CPE Credit: 18 (main), up to 6 (value-added workshops)
Pre-Conference: May 02
Click here for more information about the conference. Featuring an all-star cast of prominent tax experts, hand-picked by renowned tax expert Sidney Kess, who will share their insights on and inform you about current tax issues that impact your high-income clients. Rachel Hirschfeld will share the latest information on estate planning for people with pets and relevant pet trust, pet protection agreement and tax issues; there will be several opportunities to network with your peers.
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The ABA Section of Real Property, Trust & Estate Law is sponsoring a 90 minute teleconference and live audio webcast CLE entitled Ensuring the Pet's Continued Care: Advising Your Clients about Planning for Their Pet's Care on Feb. 2, 2010.
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Public indignation and outrage is escalating in the issue about Oreo, a young dog who was thrown from the sixth story of a New York City building. Oreo was euthanized shortly afterward being nursed back to health based on a determination that she was too unpredictably aggressive to be adopted to the public or placed with rescue.
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New York State's Governor has signed a law (AB 999) that bans any use of CO gas in animal kill shelters. The law further requires that all municipal shelters dismantle and remove these devises.
AB 999, mandates that only in an emergency would the use of an injection of sodium pentobarbital or a sodium pentabarbital solution be used to euthanize animals in public shelters.
Two years ago the bill passed the New York State Assembly but has been waiting for the Senate to pass it. It applies only to municipal animal shelters and does not include research laboratories and breeders.
The bill requires that an animal's death must be confirmed and that someone be present during the euthanazia proceedure. Failure to do so could result in a fine of $500.
The law includes the possiblitiy of using gunshot in the event of an emergency, such as if an anmial is a threat to a person or other animal, or if the animal is suffering excessively. Violations of this are punishable by a $1000 fine and a year in jail.
Hilary Swank partners with Iams to raise awareness for the Iams 'Home 4 the Holidays' pet adoption drive, held at Bideawee Animal Center New York City
