Who will take care of your pet when you can’t?
Pet owners know that it’s possible to feel as much love for a dog or cat as for a family member. It may seem frivolous to some, but to pet owners who love their pets, making sure their beloved animals are taken care of after they are gone is of the utmost importance. This is why Pet Trusts have become so popular with pet owners in recent years. A Pet Trust lets you extend your estate plan to include your animals.
A Pet Trust can appoint a caregiver, provide money and directions for the pet’s care and more. You can ensure the animal is fed, exercised and groomed, and will, and can ensure companionship for the pet, as well as veterinary attention. These trusts can also become effective if you become unable to care for your pets due to illness, incapacity, or disability.
When you adopt a pet, you make a commitment to taking care of that animal for its entire life. If you pass on before the pet does, a Pet Trust can continue to fulfill that commitment. It’s the responsible way to ensure the care and well-being of your most dependent loved ones!
We are happy to discuss the benefits of a Pet Trust with you and answer any questions you may have about setting up a Pet Trust.
With the Pet Trust, you can:
- Appoint a Caregiver and at least one backup Caregiver to provide care for your pet
- Appoint a Trustee to make sure that the Caregiver is doing his or her job
- Protect the money designated for the pet and ensure that it lasts for the duration of the pet’s life
- Give directions regarding health care needs, exercise needs, diet needs, preferred veterinarian, and burial/cremation plans for your pet.
- Dictate the distribution of any funds remaining in trust at the death of the pet, such as to family members or charity.