Eli5: What happens to the inheritance left to pets after said pet dies?

Question

So you hear stories about people leaving millions to their pets, when the pet dies, who or where does the money go to?

In: 45

Answer 1

My understanding from discussing this with my attorney/SO is that you can’t leave an inheritance to a pet, but you can leave it to a trust set up to care for the pet. The rules of the trust will define what happens. Probably liquidate the trust and donate proceeds to the RSPCA or some similar charity.