Don’t forget to include your Fur Babies in your Estate Planning!

Don’t forget to include your Fur Babies in your Estate Planning!

  1. Determine who will care for your pets when you are no longer able. Write detailed instructions for the Pet(s) care. This information may be especially useful immediately following the death of the owner. Be sure the person you choose agrees.
  2. Determine payments to your chosen pet caregiver and distribution wishes of any any remaining funds left in the trust after the pets die.
  3. Create a trust document for your Pet(s). These legally binding agreements can provide for the care of your pets when the owner is incapable of caring for them.

Pet trust laws differ from state to state, but most pet trusts will continue for the life of the pet or 21 years, whichever comes first. Visit the website of the American Society for the Prevention of Cruelty to Animals (aspca.orgOpens in a new window) to read more. Then set up appointments with your advisor(s) to discuss making your pets a part of your estate plan.