Pet Trusts
Explore how pet trusts ensure your pets' care after you're gone and why they're vital for pet owners in estate planning.
How does a pet trust work in estate planning?
A pet trust is designed to manage financial resources for the continued care of your pets after your death or incapacity. This type of trust specifies a trustee, who manages the funds, and a pet caretaker, who ensures proper care is given to the pets according to your instructions. Pet trusts can provide peace of mind for pet owners, ensuring that their animals are cared for according to their wishes and that funds are used for the pets' benefit. This can be an important aspect of estate planning for those who regard their pets as family members.
