Include a Pet Trust in Your Estate Plan
Continue to Provide for Your Pet with Pet Planning
Download Your Free Report on Pet Trusts
Year after year, over 500,000 pets end up in shelters or abandoned on the street because of the sudden death of their owner. Many people take several actions to safeguard their assets upon death, but many overlook their pet. Many also anticipate outliving their pet companions, so the thought of including a Pet Trust in their Estate Plan often seems unnecessary; however, in the event of a sudden death or if you become incapacitated, and there are no provisions for who and how your pet should be cared for, your pet can end up in a shelter, or worse, euthanized.
Nowadays, there are ways to financially provide for the care and maintenance of your pet. Make sure to discuss how you can include a Pet Trust into your Estate Planning with your estate attorney. Through Pet Trusts and a little Pet Planning, you can ensure your pet’s well being even if you are no longer around to care for them
Pet Trusts Basics
A part of any comprehensive estate plan, Pet Trusts create guidelines for how you want your pet to be taken care of when you pass away. You specify a caregiver, as well as the type of care you want your pet to receive. Additionally, Pet Trusts help you set aside money for your pet’s care. Many people believe that a Pet Will is sufficient enough for this matter; however, most states consider pets as property, and therefore, cannot inherit money. Including a Pet Trust in your Pet Plan, you can appoint someone to care for your pet, and stipulate funds and care for your pet and new pet owner.
Download and read “To My Dog Lucky, I Leave $10,000″ today and discover how Pet Planning can help you:
Featured Blog Post
Three Questions About Pet Trusts
Do you have a pet that you love like your own child? Have you ever wondered about how, if at all, you could provide for that pet’s well-being if you were to suddenly become incapacitated or killed? If the answer to one or both questions is yes, then perhaps you’ read more–>