All About Estates

Lifestyles of the Rich and the Famous… Or in this Case, One Rich and Famous Cat!

Today’s blog is being brought to you by guest blogger, Jennifer Campbell, a law clerk in the Private Client Services group of Fasken LLP.

This week, the fashion world lost an icon with the passing of creative director for Chanel, fashion designer and artist, Karl Lagerfeld.

While everyone reminisces about his work and the legacy he leaves behind, there is one other thing that people can’t stop talking about and that’s a cat named Choupette.  Lagerfeld was the proud “daddy” to a 7 year old cat named Choupette, whom he adopted back in 2012 from a friend. Choupette, in her own right is already rich and famous, having her own Twitter and Instagram accounts with over 200,000 combined followers, Facebook page and a blog – Choupette’s Diary (all managed through her own personal social media director). The four legged child to Lagerfeld has starred in ads for a German car company and a Japanese cosmetic brand, netting a whopping $3M for those appearances for the adorable feline.

Lagerfeld once revealed to a reporter that he had employed two personal maids to pamper his beloved Choupette, tending to her every day needs and ensuring that she was served four different meals each day.  Those meals, of course were not eaten on the floor like everyone else’s pets do, rather Choupette enjoyed her meals while sitting at the dining room table.  But what do you do when you die leaving an estimated net worth of $200M? Of course you ensure your furbaby is named one of the heirs to your estate, which is what Lagerfeld has reportedly done through his Will.

It’s not unusual for people to think of their pets as their furbabies but most pet owners don’t necessarily think about what will happen to their furry four legged friend when they pass away.  Guest blogger, K. Thomas Grozinger wrote a blog on December 19, 2018 about things to consider when completing your estate planning and planning for pets. What plans have you made for your furry companion?

There’s no doubt in my mind that Choupette is one spoiled kitty and will be well taken care with the passing of Lagerfeld. What arrangements have been made for Choupette by Lagerfeld? We’ll just have to wait and see.

Thanks for reading and have a purrfect day!

About Corina Weigl
Corina Weigl is a partner in the Trusts, Wills, Estates and Charities group at Fasken, a leading international law firm with over 650 lawyers and 9 offices worldwide that offers comprehensive estate planning, estate administration, personal tax planning, charitable giving and estate litigation services. Email: cweigl@fasken.com

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