Why You Need a Pet Trust
For many people in the later years of their lives, pets are their closest family and friends. Your children
no longer live with you. Over the years friends have moved or passed away. However, your faithful pets
are always there. In your will, you leave assets to your other family members, and it only makes sense to
make sure that your pets are also provided for by including a trust for them in your will.
A pet trust is a way for you to set aside funds for the continued care and upkeep of your pets. You can
leave as much money for your pets as you want. You will need to appoint a trustee to oversee the funds
and to take care of your pets. A pet trust is available no matter how many pets you have. You can even
have more than one pet trust, if you want to leave different pets with different care-givers.
At first glance, leaving money for the care of your pets might seem a little silly. However, it is the best
way to ensure that your pets continue to get the same care as they do now after you pass away. It is not
good enough to merely name someone to care for your pets in your will. Give the care-giver the
necessary funds to care for your pets and use a trust to make sure that the funds go to your pet.
Experienced estate planning attorneys Forest Hills NY of Davidov Law Group offers estate planning and
business planning resources to residents of Forest Hills NY. To learn more about these free resources,
please visit http://www.davidovlaw.com today.