Pet trusts in Virginia

Virginia is now the thirty-eighth state with a pet trust statute, in a story that is more in the vein of "laws are wacky" than hard news. Basically, animals are considered chattel (personal property) under common law, and can't inherit, but owners can set up trusts for the welfare of their orphaned pets. Should I set up a trust for my favorite clipboard-surfing cat in case something should happen to me? Or does he go to the home for troubled teenage cats?