It’s not a pleasant question to ask yourself, but if you were to unexpectedly expire in an automobile accident, what would happen to your fur baby? Many of us think that close family members of friends would carry on the care and nurture of our pets, but sadly, in reality, that is not the case.
Often, shelter workers find traumatized animals in their care that were dropped off there by grief-stricken survivors because the owner died or was incapacitated. Luckily, there’s a solution to this grim possibility for your pet. You can set up a pet care trust that will outline who will care for your companion and how that care will be fully paid.
In the event that you will not be able to care for your pet, our Puppalegals Sophie and Buddy recommend that you do the following before, during and after planning a trust for your pet:
Make An Information Packet
Organize all of your pet’s vital information in a folder, and store it so it is easy to find. Include medical history including vaccination dates, rabies vaccine certificate, municipal license if applicable, identification chip information and veterinarian phone number. Also include current care instructions for your pet, including foods eaten and feeding schedule, as well as a list of regular and occasional medications your pet takes.
Include a guideline for grooming, and write a paragraph or two about your pet’s personality, favorite activities, and nicknames. In addition to preparing the information for your pet trust arrangements, organizing all of your pet’s information makes it a handy resource for a pet sitter or interim caregiver.
Appoint A Caregiver And An Alternate
Don’t make assumptions when it comes to who will take care of your pet. In fact, don’t solely rely on verbal agreements. Identify two people willing to take care of your pet, and designate their roles as caregiver and alternate in writing.
Set Aside Funds For Care
Make sure to allocate money to take cover your pet’s care. Funds can come from various places such as an investment or a life insurance policy. Taking care of the future needs of your pet can be easily integrated into your full estate plan with a professional that is familiar with the requirements for a valid trust plan.