Have you ever heard stories about people who left their wealth to pets instead of their children? This story is one of them.
An old Shanghai, China woman, called Liu left her $2.8 million wealth to her pets rather than her children. Liu chose this since her adult children never came to see her, but her dogs and cats remained loyal companions. The Independent claims that in her later years, Liu felt abandoned by her three children. Nonetheless, she always had comfort and company from her dogs. Liu changed her will to prioritize her animals over her children in a fantastic show of rudeness. The story of Liu highlights her close relationship with her animals and her dissatisfaction with her kids’ neglect. Her good fortune will ensure that her beloved pets are well cared for while she is away.
Liu Of Shanghai Left Her Multimillion-Dollar Wealth To Her Pets Rather Than Her Children.
Image credits: freepik
Image credits: China.com
The South China Morning Post (SCMP) declared that Liu chose a nearby veterinary clinic to handle her inheritance and care for her animals. At first, Liu plans to give her dogs all her money. Chen Kai, a Beijing Will Registration Center representative, explained that this approach is illegal in China. As a result, Liu made arrangements for the clinic to manage her vast property. That arrangement ensured her dogs get the care they need. Liu valued her close relationship with her animals and wanted to support them. Despite prohibiting direct inheritance, she arranged their care through this plan.
Liu Left Her $2.8 Million Fortune To Her Cats And Dogs. Her Adult Children Reportedly Never Visited Her.
Image credits: Lina Kivaka/Pexels
Chen suggested several different approaches to solving the current problem. Liu’s current will was one of the options put out, along with the advice of choosing someone trustworthy to manage the veterinary practice in the animals’ best interests. Another representative advised Liu of the China Will Registration Centre’s eastern China branch about the possible dangers of giving the pet clinic her whole fortune before executing her will.
In addition to recommending proactive estate preparation and responsible wealth management for Liu, the SCMP highlighted this careful advice. This advice stresses how crucial it is to consider different arrangements to protect assets and provide beneficiaries’ well-being—including beloved pets—first attention.
A Local Vet Clinic Administers Her Inheritance.
Image credits: Efrem Efre/Pexels
The official informed Auntie Liu that she could amend her will if her children changed their behavior toward her. Liu’s choice to give her pets her riches correlates with previous decisions. For example, when Karl Lagerfeld, the creator of Chanel, passed away in 2019, he left his cat Choupette a $1.5 million estate.
In the USA, pets are legally considered property.
Amazing, huh?
According to American digital estate Gentreo, giving money or other assets to a pet directly in a final testament is illegal.
Pets In The US Are Deemed Property, Barring The Legal Ability To Leave Them Money Or Assets.
Image credits: freepik
In most countries, people can name a pet guardian as a beneficiary in their will to take care of their pet when they pass away. It enables the laying down of precise care instructions for the pet. Even though many jurisdictions view pets as property, choosing a guardian ensures their well-being in the event of the owner’s passing. These directions could include specifics about food preferences, medical requirements, and living circumstances. Because of this legal protection, pet owners can rest easy knowing that their beloved friends will be cared for according to their wishes.
One reader said, “I thought that only happened in movies.”
