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Fact Of The Week: The Unlikely Recipient of Wills

By Rana Banankhah, Reporter

Dogs are arguablly America’s favorite pets. They love us just as much as we love them, so to some, it might not be much of a suprise that about one million dogs have been named the primary beneficiary in people’s wills. This means that they are one of the primary inheritors of their owners will. One of the most infamous instances of this was when heiress Leona Helmsley left twelve million dollars for her dog, while not leaving any for two of her four grandchildren. In all fairness, many leave parts of their will to their dogs to ensure that they maintain a sustainable life once they pass away. Still, some may argue that the money could be better spent on real people, such as family members and loved ones. “It’s ‘cause they’re good boys,” reasoned Angela Cortes, “Although it’s weird because I highly doubt the dogs know what they are doing with that. It would make sense for someone to help them with that.” In fact, many consult caregivers or family members, in their will, to supervise and care for the pets. Forbes instructs those planning to leave money or assets to their dogs to create traditional or statutory trust.

“I will admit that I am very biased and so I gues if you didn’t have any family and you wanted to leave it to your dog, I guess you can. It takes all kinds,” said Jillian Barton. Despite the initial shock towards the fact, it seems as if thousands of people simply want a pleasant life for their dogs when they aren’t there to take care of them anymore.

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Fact Of The Week: The Unlikely Recipient of Wills