Talk About Doggie Bling!
Leona Helmsley may have passed away this month, but Trouble, her Maltese dog, will forever be able to indulge in the finest gourmet bones and lounge about in a silk-laden, gold-plated doggie palace. Why? Because she left him a $12 million dollar trust! (Which is $12 million more than two of her grandchildren got.)The ASPCA’s Kim Bressant Kibwe, Trusts & Estates Counsel, told us:
“Although many will think Leona Helmsley's gift to her dog was extravagant, outrageous and bordering on the ridiculous...let's look for the positive! Will it cause other pet parents to remember their favorite furry friends and make arrangements for their care in the event of an emergency--let alone their demise? If some do, there's the benefit. Whether or not you leave your pet an inheritance, don't let your pet end up on the doorstep of a shelter, traumatized and possibly facing the worse result.
“On a practical matter with pet trusts, what generally happens is the income from the trust principal (the 12 million, in Trouble's case!) will be used to care for the pet "in a lifestyle to which it has become accustomed" and to pay administrative fees (taxes, trustee commissions, etc.). Any remaining funds could be directed to charitable institutions. The details regarding Mrs. Helmsley's pet trust have not been made available to the public as yet.
“If anyone has any questions, I urge them to check out the pet planning information on the ASPCA website under Pet Trusts."
Being a dog and a much better "person" than we humans are, this blogger believes that if he could, Trouble would trade his newfound lap of luxury for the lap of Mrs. Helmsley.
posted by ASPCA at 2:40 PM PERMALINK
3 Comments:
Ahhhhhhhhhhhhhh gee! I cannot imagine! This is most insane. But, if it does cause pet parents to ponder the exsistence of thier family pet that is totally adored and loved after they are gone then providing for the care and welfare of the left one or ones behind is a good thing. But, 12 million..Ahhhhhhhhhhh gee!
We all know Leona Helmsley's alias, "The Queen of Mean." Maybe, just maybe, she found solace in her canine companion. I'm sure those grandchildren had cut her out of their lives long ago (I think I probably would have). I must say, though, $12 million is somewhat weird. I mean, how many lawyers does a dog need anyway? Who has become Trouble's trustee?
I make $10 an hour and my shih-tzu has everything she could ever possibly want. Who knows what she would have if I had the money Ms. Helmsley had?
Today a puppy was thrown out a window and burried alive.I called the Animal Cruelty # and I had to call 911 when I called I did not recieve any assistance the dog died because there was no one to help him how could this be called protection and no one be there I have lost all faith in this association.
Sincerely Loveherpups
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