Protect Your Beloved Animal’s Future With A Pet Trust
Some people express surprise when they hear about pet trusts and provisions for pets in wills. In fact, companion dogs, horses, cats and other pets are very important in many people’s daily lives. By putting a pet trust in place, you can ensure that whomever you choose to care for your companion animal after your death will have the financial resources to do it with funds that will be separate from other parts of your estate.
I am elder law and estate planning attorney Marilyn C. Belo in Gainesville. I have helped many Floridians craft tailor-made estate plans that express their values and priorities clearly, including the utilization of pet trusts. I will gladly help you devise an arrangement of this type to protect your much-loved animal or pet bird(s).
Understand How Pet Trusts Work
A pet trust allows you to create a plan to care for your pet after you die. In the pet trust, you will appoint a trustee to care for your pet and provide the means for that care. The trustee will have the funds necessary to care for the pet in the way you would want.
A pet trust can be a simple but powerful part of your overall estate plan. It can give you peace of mind about your pet’s long-term well-being, no matter how your life’s story may unfold. If you create this type of document and it is not needed because the pet dies first, these funds will remain with the rest of your estate.
Provide For Your Pet Without Burdening Your Friend Or Family Member
For many people, pet trusts are not only about their animals. Many people’s pets are dear and invaluable to them. At the same time, they don’t want to leave financial burdens for family members or friends who might become their pets’ new owners in case the pets outlive their original owners. A pet trust sets aside a portion of an estate from which a future caregiver of a beloved animal or bird(s) can provide a proper home, food, veterinarian care and more.
If you wish to learn more about pet trusts and how one might help you protect your pet and a future caregiver, consult a pet trust lawyer. You can call the Law Office of Marilyn C. Belo at 352-448-3790 or send us an email to get more information.