TAKE CARE OF YOUR PET
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. Will someone be notified so that your pet’s care is not interrupted? Who will take care of these pets long-term after you are gone?
Our trust attorney works closely with many pet owners to help ensure that their pets will be properly cared for. A Pet Trust can appoint a caregiver, provide money and directions for the pet’s care and more. We knows how much you love your pet. Our trusts work across all 50 states, including Florida, New York and California.
Plan Ahead With A Trust
- Despite a pet’s short life expectancy, the pet may outlive you. This is especially true now that medical intervention results in longer life expectancies for pets than in the past. And some pets naturally live a long life – your parrot may live to age 80.
- Proper planning can provide for a care plan not only in the event of your death but also your temporary or permanent disability.
- You can provide for a temporary emergency caregiver in the event that something unexpected happens to you – providing them with keys to your home, feeding and care instructions, the name of your veterinarian, and information about permanent care instructions.
- Planning can lead to peace of mind, reducing the anxiety that many pet owners experience when they envision their beloved pet living, or worse dying, without them.
- There is no assurance that if you leave money to someone outright to care for your pet that they will do what they promised to do. Their promises or contracts are not legally enforceable.
- Providing an orderly plan for your pet is the responsible and loving thing to do.
What is a Pet Trust?
If you are no longer able to provide for the care of your pet, a PET TRUST can ensure that there are funds available and a caretaking system in place to care for your pet.
A PET TRUST is a an asset protection trust you create to ensure that your pets will be cared for as you yourself have cared for them.
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.
- Provide that any funds remaining in trust at the death of the pet goes to charity or family members.
- Provide a method for finding a caretaker in the event that the caretaker or the back-up caretaker you have selected is unavailable.
Trusts are better than Outright Gifts to a Caretaker
Assets in a trust are NOT subject to the caregiver’s creditor, marital disputes or bankruptcy
If you leave an outright gift of money to a person in your will in exchange for the care of your pet, the money will go to that person’s heirs or beneficiaries at his or her death and will not be available to care for the pet. A trust is the only way to make sure the person with your money takes care of your pet, as promised.
Planning is Essential
HAVE YOU CONSIDERED WHAT WOULD HAPPEN TO YOUR PET IN THE EVENT OF AN ACCIDENT, OR YOUR DISABILITY OR DEATH?
EVERY YEAR, THOUSANDS OF PETS THAT LOSE THEIR OWNERS SUFFER OR ARE PUT TO DEATH. DO YOU HAVE A PLAN IN PLACE?
- To ensure that the right people are notified so that your pet’s care will be uninterrupted?
- To ensure that the caretakers you choose, know exactly what your pet needs for proper case?
- To ensure that the caretakers you choose, have enough money to take care of your pet properly, and guarantees are in place to ensure that’s how the money gets spent?
Without planning, you are leaving your pet’s future up to chance.
Your pet gives you non-stop, heartfelt, love. In return, your pet depends on you for his/her very life. Don’t you owe your pet assurances of quality care if something happens to you? You can help. You can plan and ensure that the right people will care for your pet, there will be enough money to pay for it, along with your clear instructions for your pet’s care. Again, our trusts are designed for ever state, including California, New York and Florida.