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What Happens to Your Pets When You Die?
If you’re anything like the staff at The Solution Law Firm, P.A., your fur babies are a very important part of your family. However, you may not have had the opportunity to provide any legally documented instructions on how they should be cared for in the event of your incapacitation or death.
First, let’s take a look at what happens to your pet if you have been unable to plan for them. We all hope that a friend or family member will step up and take over in the care of your pets. But what if the person who steps up isn’t necessarily your first choice? What if the person who takes over is unable to easily afford the care of your pets?
Questions to Answer About Your Pet’s Care in Your Estate Plan
Will your pets maintain the same quality of life?
Will your pets be fed the same food or receive the same health care?
Will your pets receive the same attention and have the same play time?
How much importance do you assign each of these things?
If these questions are important to you – take action. You don’t have to leave the well-being of your pets to chance. You are able to designate a caretaker, as well as a backup, to take over the love and support of your pets. With that, you can provide instructions as well as a sum of money to aid in the support of your pets to avoid them becoming a burden on their new caretaker.
Steps to Plan for Your Pet’s Care in Your Estate Plan
Step one is to legally name the people you wish to take over the care of your pets in the event you become unable. Name these individuals in your will and in a “pet power of attorney” that outlines your pet’s care should you become incapacitated.
Step two is to provide instructions. These instructions can include type and amounts of food, healthcare instructions, an exercise plan, and anything else you think is important in the care of your pets.
Step three is of course to consider if financial resources are appropriate in the care of your pets.
It will be up to you to provide the financial resources necessary for your pet’s training, specific food or care, or any special requests for your pet.
Pet Trust Planning for the Care of Your Pets
You can provide funding for the care of your pet through a pet trust. The details of a pet trust will be in the next blog posting – so keep an eye out!
This article is a service of The Solution Law Firm, P.A. We don’t just draft documents; we ensure you make informed and empowered decisions about life and death, for yourself and the people you love. That’s why we offer a Family Planning Session, during which you will get more financially organized than you’ve ever been before and make all the best choices for the people you love. You can begin by calling our office today to schedule a Family Planning Session and mention this article to find out how to get this $750 session at no charge.