When Planning Your Estate Remember Your Pets
It is easy to neglect some of the smaller details when you are planning your estate.
Legacy planning is a truly profound endeavor as your final act of giving, and when you
combine the logistics with the emotional aspects the sum total of all that you have to
take into account is considerable.
And since you only plan your estate once (although you will have to update it regularly)
you can't learn from experience. So, the best way to make sure that all of your bases are
covered is to work with an experienced Atlanta estate attorney who is not going to
overlook a single detail.
The above having been stated, pet planning is one of the things that people often fail to
consider. Of course you may expect to outlive your pet, but these days a lot of seniors
are recognizing the value of pet ownership. Man's best friend can provide
companionship, protection (even if it is only via a “bark alarm”), and a renewed sense of
purpose when you suddenly have another needy dependent in the house.
Regardless of your age, you never know which day will be your last so it is important to
plan for the well being of your pet just in case it should need to be cared for at some
point in time. Clearly the first step is going to be to find someone who is ready, willing
and able to become the pet's next owner if necessary. Once you identify this individual,
you have to make financial provisions for the care of the pet. This is typically handled
through either a direct bequest to the caretaker or through the creation of a pet trust.
To find out more about pet planning, simply arrange for a consultation with an
experienced Atlanta estate planning lawyer.
Experienced estate planning attorneys Atlanta GA of the Pyke & Associates P.C. offers
estate planning and business planning resources to residents of Atlanta GA. To learn
more about these free resources, please visit http://www.cpyke.com today.