Is Louisiana ready for trusts for pets?
Remember the multi-million dollar trust Leona Helmsley created for her beloved dog, Trouble? Well, trusts for pets are not currently allowed under Louisiana law. But, that may be about to change.
The Louisiana legislature passed a resolution during its 2011 session asking the Louisiana Law Institute to study the issue. The report is due back to the legislature no later than February 12, 2012. So stay tuned for developments.
Lydia J. Alford
Partner at Alford & Alford, LLP
Alford & Alford is a father-daughter law partnership of William C. “Neil” Alford and Lydia J Alford. Over his 43 years of experience, Neil has handled simple and complex, residential and commercial real estate matters. Lydia’s 26 years of experience gives her the ability to offer well-rounded pragmatic solutions to varied civil legal issues.
Latest posts by Lydia J. Alford (see all)
- Labor Laws for Businesses with less than 20 employees - April 14, 2015
- Thirteen Legal Myths - April 14, 2015
- 7 Actions a POA Agent Should Avoid - November 2, 2014
