Joseph M. Lento, J.D. Joseph M. Lento, J.D.

Even your pet has an estate plan

In 2007, Leona Helmsley, a real estate billionaire, famously left her dog, “Trouble,” $12 million dollars in trust. Trouble was placed in the care of the general manager of Helmsley's Sandcastle hotel in Sarasota and had full-time security to ensure the Maltese’s well-being after the death of Helmsley (apparently the dog was getting death threats). Interestingly enough, Trouble is far from the wealthiest animal on the planet - to date, that award goes to Gunther III, a German Shepherd, who was left $106 million by Countess Karlotta Liebenstein.

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