You have diligently outlined what should become of your children in the event of your death or disability. Youve planned your estate, appointed guardians and possibly even shared your estate plan with family members and trusted caretakers. But doesnt something feel as if its missing? Perhaps you need to plan provisions for what should become of your pets once you are no longer able to care for them. Unfortunately, thousands of Americans overlook their pets when they plan their estates each year. When these people die, family members or friends might adopt their pets. But, many times, the pets are left to fend for themselves s. Your pet doesnt have to be left behind. Include your pet in your estate plan to assure that your pet receives the kind of care you would give if you could. Most states allow you to include provisions for how your pets will be taken care of in your estate plan. These provisions can include instructions, such as who will take care of your pets, and funds so that your pets caretaker can give your pet the proper treatment, nutrition, and recreation that you have provided during your life. Either an appointed trustee or a guardian of your choice will control the funds allocated for your pet. If you name a guardian, make sure you have discussed his or her role in your pets life prior to signing the estate plan. Your guardian should have a safe, welcoming home for your pet. He or she should be free from allergies and should take an active role in the care of your pet. The funds you leave behind can be used to pay for things such as veterinarian bills, toys, and food for your pet. But, your guardian will need to give the pet loving care and attention that you have. If you choose to leave your pet in the hands of an appointed trustee rather than a guardian, then you are electing to appoint an individual who will either adopt your pet(s) as his or her own, or your trustee will be charged with the task of finding a suitable home. Many times, animal shelters are the trustee. They work hard to find friendly homes for the animals so that the pets dont end up on the streets. Take a few moments to assign a guardian or trustee to care for your pet. Its a simple task that will give you peace of mind that youve protected the companion with whom youve shared mutual love and affection. |
