Summary:
<p>
This Colorado statute provides that trust for the care of designated domestic or pet animals
<strong>
<span style="text-decoration: underline;">
and
</span>
</strong>
the animals' offspring in gestation is valid. The determination of the "animals' offspring in gestation" is made at the time the designated domestic or pet animals become present beneficiaries of the trust. Unless the trust instrument provides for an earlier termination, the trust terminates when no living animal is covered by the trust (but no longer than 21 years). The trust property then transfers as provided by statute, but the trustee may not covert the trust property.
</p>
This Colorado statute provides that trust for the care of designated domestic or pet animals
and
the animals' offspring in gestation is valid. The determination of the "animals' offspring in gestation" is made at the time the designated domestic or pet animals become present beneficiaries of the trust. Unless the trust instrument provides for an earlier termination, the trust terminates when no living animal is covered by the trust (but no longer than 21 years). The trust property then transfers as provided by statute, but the trustee may not covert the trust property.