Humans always felt a certain kinship with their pets, and in the United States people are getting serious about the needs of their pets in the advent of their death. Whether you’re older or just want to make plans in case the worst occurs before your pet passes, people everywhere are considering the needs of their pets. Here are the most popular ways you can make sure your pet is covered in case your pet outlives you.
Laws making it easier to prepare
Previously, it wasn’t that easy to legally prepare for cares involving your pet in case you passed. There are however handful of states, such as Illinois for example, who in 2005 made it legal for residents to create trusts for their pet (a relatively easy yet secure way of knowing your pet will be cared for). In addition, there are pet care programs at no kill shelters across the country where owners can leave a bequest that their animal will live as long and happy a life as possible.
Writing your pet into your will
Most people worry about money management when it comes to creating their wills, but for those who deeply love their pets, it is now common to write their pets into their wills. Wills however can be overturned in certain cases, so legal experts recommend creating a trust for your pet instead. When creating your pet estate plan, it’s important to provide instructions for how much you’d like to fund for it, and remember to factor in the age of your pet, the cost of routine care, food and toys. You’ll also want to choose a successor pet guardian.
A pet provides us with joy while we’re alive, the least we can do it is to make sure it is cared for when we are gone.