Life doesn't always follow a set script, and neither do pet owners when it comes to providing for their beloved companions. In fact, some pet parents have been known to get quite imaginative when planning for their furry friends' future. Even celebrities, with all their resources, can encounter unexpected bumps in the road when it comes to creating pet trusts.  Let’s take a look now at 3 more famous pet trusts cases.

Pet trusts have undergone a drastic transformation in recent times. Once dismissed as peculiar actions of the wealthy, they have now gained widespread acceptance. But not every pet trust is enacted exactly according to the owner’s wishes. Let’s take a look at three famous celebrity pet trusts and consider the lessons we can take away from them so your furry family member can be protected through your plan.

A pet trust is an excellent way to make sure your beloved pet will receive proper care after you pass on. The problem, of course, is that you won’t actually be there to see that your wishes are carried out. It’s critical to set up a pet trust correctly to ensure there are no loopholes or unforeseen situations that could make your plans go awry. Here are the top five pet trust mistakes people often make when leaving their assets to their pets.

Frankly, it can be chaos for your pets if you are incapacitated or deceased without a plan. With the shuffle of so many other tasks, a pet can sometimes be overlooked, abandoned, or even euthanized. A pet trust provides a legal tool to ensure that your beloved dog, cat, or other pet is not left somewhere or euthanized merely because you are not here any longer. Proactively including a pet trust is especially important when you have family members that may be unable or unwilling to care for your beloved pets.

There are numerous tools of the trade that a qualified attorney can use to keep your money and property out of probate, for example, establishing joint ownership on bank accounts and real estate titles, designating beneficiaries for life insurance policies and certain accounts, and so on. However, setting up a revocable living trust is quite often the best, most comprehensive option for avoiding probate. Let’s discuss why this is true.

Although having a will is a good basic form of planning, a will does not avoid probate. Instead, a will simply lets you inform the probate court of your wishes—your loved ones still have to go through the probate process to make those wishes legal. Learn the top 3 reasons why you might want to avoid probate.

One would assume that celebrities with extreme wealth would take steps to protect their estates. But think again: some of the world’s richest and most famous people enter the pearly gates with no estate plan, while others have made estate planning mistakes that tied up their fortunes and heirs in court for years. Let us look at three high-profile celebrity probate disasters and discover what lessons we can learn from them.

At the end of the day, probate serves as a default system to ensure the fair distribution of even small amounts of money and property. However, probate can create undue cost and delays. For that reason, many people prefer to use strategies to keep their property out of probate when they die. Learn the pros and cons of probate.

Did you just return from vacation? Are you now dreaming about owning a vacation property? Or, did you look at vacation homes while on vacation? Take a minute before you invest in a vacation property. You need to ask these five critical question before investing in vacation property.

Discover your Vacation Dream Team. Traveling the world can be an exciting adventure. By assembling a planning team, you can help make sure that you and your loved ones are fully protected while you are having the time of your life.

Estate planning involves making arrangements for the distribution of your assets, the care of your loved ones, and the management of your affairs in the event of your incapacitation or passing. It may not be the most glamorous topic to discuss while daydreaming about sipping cocktails on a tropical beach, but it is a necessary and responsible step to ensure the security of your loved ones and your hard-earned assets.

Getting ready to embark on your next great adventure? Before you zip up the last suitcase, here are five issues you need to address to protect yourself and your loved ones.

Many people love to spend part of their summer vacation at the beach, enjoying the ocean and sunshine. But there may be unseen dangers that are crucial for beachgoers to keep in mind: For example, the undertow is a current of water, often quite powerful, below the surface, that is moving away from shore when waves are approaching it. It can easily knock a smaller person off balance and could be dangerous for those who are not strong swimmers.

Congratulations on Turning 18! Now what? Well, for starters, you are now a legal adult. Maybe you don’t feel like an adult. But, under the law, you now are. So, you need to start thinking like an adult and considering what will happen with your health, finances and stuff.

Once your child turns 18 years old, he or she is no longer a minor. This means that the hospitals and doctor’s offices must safeguard the patient’s information from everyone, including the parents. While it makes sense that a legal adult would be the one in charge of his or her own medical information, this can pose some problems for young adults. Learn about HIPAA and young adults

You may have been running around for weeks, getting your new college student off to school. It's exhilarating, and your heart likely is bursting at the seams. You're probably prouder than words can express, but you’re also a little afraid, too. How can you make sure your kid is going to be safe at school, their new home away from home? A new, matching Bed Bath and Beyond sheet set for the dorm sounds great, but it just doesn't seem like quite enough, does it? So what else can you do? How about learning essential estate planning tips for college students?

Nearly one-third of young adults don’t have a budget, which creates a huge stumbling block for financial success. Give your children the tools they need to control their money instead of wondering where it went. Learn why helping graduates prepare for their financial future is so important.

Life is full of surprises, and as your circumstances change, so should your estate plan. Updating your plan is essential to ensure that your assets are distributed according to your wishes and that your loved ones are well taken care of. From getting married or divorced to having children or experiencing a significant change in finances, there are many life events that can impact your estate plan. In this blog we'll explore when to update your estate plan and the essential life changes that warrant a review. Don't leave your future to chance; stay ahead of the game and keep your estate plan up to date.

It’s that time of year – the time for beautiful weddings, fun receptions, delicious cakes, special gifts, and romantic honeymoons. While this is a joyous time for everyone, it’s also time for you and your new spouse to plan for your future – for richer or for poorer, in sickness and in health. Don’t forget your estate plan!

Your wedding is over, and the day was absolutely perfect. You went away on your honeymoon with your new spouse and had the time of your lives. Now you are back and can breathe a sigh of relief and watch the rest of the years ahead unfold before your eyes. Well, not so fast. Now that your honeymoon is over, there are several things you should be mindful of to make sure that the legal and financial parts of your life properly reflect your newly married status.