Did You Include Your Pet in Your Estate Plan?
People consider their spouses and children when creating their estate plan. But, pets are family, too. An estate plan should consider every aspect of life – if you have a pet, having someone ready and willing to look after them is crucial.
Your Will and Power of Attorney should name at least two people who can take of your pet. Depending on timing, the first person named may not be able to take care of the pet. And if you don’t have a family member or friend, then there are charities such as no-kill shelters that can provide this care.
Even the nicest friend or a charity may not be willing to take care of your pet for free, so it is important to leave money to provide for the animal’s needs during their lifetime. You can easily do this with a Pet Trust.
Having some money placed in a Pet Trust can give you control and peace of mind that your pet will be well cared for. The amount of money you leave will depend on the type of animal, and its age, type of food, and medical costs.
Give yourself peace of mind. Don’t leave your beloved pet’s welfare up to chance.
Call the Law Offices of Debra G. Simms at 386.256.4882 to learn more.
This blog post is not case-specific and is provided only for educational purposes and is not intended to provide specific legal advice. Blog topics may or may not be updated and entries may be out-of-date at the time you view them.