Fluffy, the…Heiress?
Sure, dog is man’s best friend but does a dog really need or deserve a $12 million inheritance from his late owner? Well, according to Leona Helmsley, the answer to that question is a resounding YES. Lucky for her dog Trouble, Helmsley’s will was executed in the U.S., the only country in the world where dogs and cats can be the direct beneficiaries of trusts. In contrast, Canadian estate laws view pets as property, thus prohibiting owners from including them as beneficiaries to their wills.
There was a lot of controversy and public outcry surrounding Ms. Helmsley’s decision to leave so much money to a dog. In the end, the judge on this case decided to reduce the whopping $12 million inheritance to a still sizable $2 million – enough, we’re sure, to keep Trouble rolling around in dog chow for the rest of his canine life. And if Canada ever changes its estate laws to allow owners to entrust their entire life savings to their pets? Well, it’d definitely spell Trouble.
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