Pets, Marijuana and Your Estate Plan

Join us for an engaging podcast discussion with our friend Gerry Beyer. Professor Beyer teaches law at the Texas Tech University College of Law. He is a national authority on a number of topics — but especially on, shall we say, unusual estate planning issues. Like gun trusts, and pet trusts, and digital wills. Prof. Beyer often lectures on estate planning issues raised by planning for your pets. In fact, he is one of the leading experts in the country on “pet trusts.” Here he explains the concept(s), and the planning decisions you need to make to plan for your pets. Another of Prof. Beyer’s favorite topics to discuss involves marijuana. Yes, it is illegal under federal law. But it is legal under many state laws. In Arizona, for instance, medical marijuana is legal. And, in fact, within a few months of this engaging discussion, Arizona voters approved a recreational marijuana law — making the drug widely available to everyone. People with stocks of the plant, or proceeds from legitimate sales, do occasionally die. What special considerations must be faced for those folks? Prof. Beyer confronts this unusual Elder Law Issue — and more.