How can I ensure my pets are cared for in my estate plan?
Transcript:
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If you want to ensure that your pets are cared for in your estate plan, I would suggest that you appoint a caretaker for your pets. A caretaker should be a person that you trust to provide daily care for your pet. Another option would be to establish a pet trust. A pet trust is just a formal legal arrangement that provides legally binding instructions and funds for your pet’s care after your death. You can set aside specific funds to cover costs for food and veterinary care. Person that you name as the
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caretaker of your pet and the person that you name as the trustee of your trust can be totally different. I would suggest that you name at least one backup just in case the person that you have chosen to serve primarily in that role cannot serve. And then finally, um I would also suggest as a last resort, maybe naming a veterinarian, animal rescue organization, or animal sanctuary to ensure that your pet will continue to receive care after your death. Obviously, you’ll want to talk with especially the veterinarian if you
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choose to go that route.
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