Can you can leave your estate to your pet? | CNN Business

CNN  — 

Some people really do leave money to their pets. And it’s legal.

In June 2019, designer Karl Lagerfeld passed away. A chunk of his fortune, amassed after decades of helming the fashion house Chanel, was left to his cat, Choupette.

“There is no marriage, yet, for human beings and animals,” he told CNN in 2013. “I never thought I would fall in love like this with a cat.”

If the bequest seems unusual, it’s not. Estate attorneys told CNN they’re seeing more incidences of people making financial plans for their

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

FDA approves some Apple AirPods to be used as hearing aids

AirPods are displayed during an announcement of new products at Apple headquarters on...

Let Your Projects Shine with MS Project 2021 Pro for Just $19.97

Disclosure: Our goal is to feature products and services that we think you'll find interesting and useful. If you purchase them, Entrepreneur may...

Trump lashes out at Nasdaq over routine trading halt of Truth Social | CNN Business

CNN  —  Former President Donald Trump lashed out at Nasdaq over a routine trading halt in shares of...