Tuesday, July 15, 2008

Should dogs be billionaires?

Gary Becker and Richard Posner have an interesting take on wealthy heiress' Leona Helmsley's decision to leave her dog $12 million and leave another $5- $8 billion in a charitable trust for the welfare of dogs in general. This will be especially interest to those of you that might want to create a trust for the care of pets after their owners have passed away. Check out the article here.

1 comment:

  1. Well, this is very interesting. I am really amazed if people could do so.
    I think it is better effort to take care of pets.