As Newport Beach Pet Trust lawyer, I know that most people don’t like to think about it, but the one thing in life you can count on is that it will eventually end. It is inevitable. It happens to all of us. Knowing this, it is perplexing to think about the number of parents that haven’t legally documented who will raise their children if they should pass away. If you have minor children and you don’t have a plan in place, stop what you are doing right now and call our office to get this done immediately.
If you do already have a plan in place, read on…
There are those of us who have other types of babies. The furry kind. Pets become an integral part of our families. They offer years of unconditional love. Why not pay them back by making sure that you have a plan for their care if something happens to you?
You can do that by establishing a pet trust that is incorporated into your estate plan. Having a pet trust in place ensures that there are funds available and that a system is in place to care for them. With a pet trust you can:
- Name a caregiver and a backup caregiver to provide care for your pets
- Protect the money designated for your pets and ensure that it lasts as your pet’s lifetime
- Provide direction for healthcare, exercise and diet needs, preferred veterinarian care and even final arrangements for your pet
- Appoint a trustee to make sure the caregiver is doing their job
If you think of your pet as a member of the family, make sure that they are also protected if something should happen to you. Sadly, a number of pets are turned over to kill shelters when their owner passes away. Don’t let this happen to your furry baby. Call our Newport Beach pet trust lawyers at (949) 260-1400 for assistance.