You’ve already checked many of the boxes off of your estate planning checklist. You have named a guardian for your children. You have provided for your children, other relatives, and favorite charities through your will and trust documents. However, your pets are important members of the family that you might want to provide for. You may not have thought of them yet. Here are a few reasons to think about your pets in your estate plan.
Don’t Forget Your Pets
Failing to provide for your pet in your estate plan puts your pets at risk of being sent to a shelter or, worse, being put to sleep when you are no longer able to care for your pet. You don’t want your pet to be a financial burden to your loved ones, but you do want someone whom you love and trust to care for your beloved pet.
Accordingly, California law allows you set up a trust specifically for your pets. With proper estate planning, you can:
- Name the person who will become the pet’s custodian. Be sure to include an alternate or successor custodian in case the first custodian whom you name is unable to care for your pet.
- Leave money specifically for the pet’s care. This may include money for food, vet bills, and grooming.
- Ensure that your pet is not used for research or testing.
You can protect your pet during what will certainly be a difficult time for your animal.
Want to Know More?
If you are interested in learning more about this subject or have any questions concerning your estate plan, please contact us online HERE or call us at (714) 282-7488. Additionally, we encourage you to share this blog post on Facebook or Twitter so that other pet owners can become informed about their rights and make the decisions that are in the best interests of their dogs, cats, and other pets.