Ratan Tata’s will for his dog could spark a 'Pawsome' trend in pet care legacies
Ratan Tata’s will to ensure ‘unlimited’ care for his pet dog Tito is likely to trigger a ‘pawsome’ trend — more and more pet parents making provisions for their furry companions on their posthumous wish lists.
While queries on these lines have been coming in for a while now, the trend is still at a nascent stage in India. Tata’s move, say lawyers, will generate much more awareness about the issue, prompting more people to follow suit.
Pets are not recognised as people capable of holding property or inheriting the estate of another person — they are deemed personal property. Therefore, while many Indians see their pets as their children, Indian law still doesn’t.
Hence, the law doesn’t allow for either leaving anything to pets as a bequest; or creating a trust with a pet as a beneficiary.
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