Pet Planning: Provide for Your Pooch
You must think everything all the way through when you are interested in being totally and
comprehensively prepared for the inevitable. With this in mind you would do well to make provisions
for your dog when you are planning your estate.
No one knows exactly when they will be passing away so you may think that you will live longer than
your dog but in reality you have no guarantees. It does no harm to make sure that you have set aside
resources for the pet's care just in case.
When you are younger you may want to take your chances and this is a personal decision. But if you
have a pet as an elder you really must take action for the well-being of your animal.
Some people who are using a last will to direct the transfer of their assets will leave a bequest to their
chosen caretaker directly. You can go this route, but in truth there is no way of knowing if the
caretaker will in fact utilize the funds appropriately.
Another option would be to fund a pet trust for the benefit of your dog. This is becoming a very
popular choice and it is something that celebrities such as Betty White and Oprah Winfrey have done
for their dogs.
If you discuss your situation with a good Cleveland estate planning lawyer your attorney will apprise
you of all of your options and assist you as you make provisions for your pet within a comprehensive
and holistic estate plan.
Experienced estate planning attorneys Cleveland OH of The O'Brien Law Firm LLC offers estate
planning and business planning resources to residents of Cleveland OH. To learn more about these
free resources, please visit www.obrienlaw.net/ today.