Five-thousand years before it was immortalized in a British nursery rhyme, the cat that caught the rat that ate the malt was doing just fine living alongside farmers in the ancient Chinese village of Quanhucun, a forthcoming study in the Proceedings of the National Academy of Sciences has confirmed.
Estate planning with Fido in mind? Better be careful, says a trusts and estates expert at Washington University in St. Louis School of Law. The issue has been in the news recently. British fashion designer Alexander McQueen, who died in February 2010, left a sizeable sum of money to his beloved dogs; Trouble, the recently deceased dog of “The Queen of Mean,” Leona Helmsley, famously inherited $12 million. Beyond celebrities, a powerful pet inheritance constituency thrives. Between 12 percent and 27 percent of owners have provisions for their pets in their wills. But what happens to the inheritance when the pet passes?