Have you thought about pet estate planning or even heard of it? Six million animals enter shelters every year in the U.S. Many are strays, of course, but a full 30% are turned over by their owners. Many are given up because the people who loved and cared for them die or become too ill to continue.
by David Stone
Assorted Ideas, Large & Small
Why pet estate planning matters…
Expressions of sorrow and condolences are all over the internet. Nearly all of our beloved animal friends have shorter lifespans than we do. Being there when they crossover is painful and more so because they count on us for survival.
Losing that doubles the hurt. When my cat Billy died, I found that I missed caring for him more than anything else.
Don’t let this happen to your loved ones…
When a dog, cat, bird or other pet dies, we ache for all they give us – in sweetness, companionship and, yes, the annoyances of animals being animals. But that’s just part of the story.
Turn the tables. What if you go first or become incapacitated? It happens many times every day.
What then? Will anyone be there to shelter, protect and feed them? Or, like so many, will they enter a shelter system where a difficult decision will be made without you?
The situation is not like it is with children or other dependents. No laws govern over who takes ownership, if anyone, and nobody inherits any responsibility. Your loved one’s future is handed to fate.
But you can make that far less likely, and that’s where pet estate planning comes in.
What if you go first?
This is a very important question that all pet owners should ask themselves. What happens to your beloved pets when you die?
If you don’t have a plan in place, they might end up in a shelter or worse. That’s why it’s so important to have a pet estate plan in place. There are a few things you should consider when creating your plan.
First, you’ll need to choose a caregiver or a group for your pets. They will be responsible for feeding, walking, and generally taking care of them. You’ll also need to make sure that they have the financial means to do so.
It’s a good idea to set up a trust fund or something similar to make sure your pets are taken care of financially.
Lastly, you’ll need to decide what will happen to your pets if the caregiver is unable to care for them. There are a few options here, but it’s important to make a decision and put it in writing.
By taking these steps, you can rest assured knowing that your pets will be taken care of even if you’re not around.
Do it now. Talk to a pet estate planner today.
More from Assorted Ideas, Large & Small
- What Animal Intelligence Reveals About Human StupidityThe study of animal intelligence has been a source of fascination for centuries. From the ancient Greeks to modern-day scientists, humans have long sought to understand the mental capacities of non-human animals. by David Stone
- Humans Mistreat Other Animals. Let Me Count the WaysThere’s a long history of humans mistreating other animals, sometimes in ways so painful and cruel it signals the worst in our species. Here’s and extensive list of examples. by David Stone Would you live
- The Conservative Struggle with the Spirit of the 60s: A Quest for ReconciliationThe Hippie Movement of the 1960s and 70s was a time of cultural, social, and political upheaval. It left an indelible mark on society. With its emphasis on peace, love, and harmony, the counterculture movement
- Composting Human Bodies in New York Is Now Legal — But Not Quite Available YetEggshells, apple cores and lawn trimmings aren’t the only things that can be composted — human bodies can be, too. When Gov. Kathy Hochul signed a bill in December legalizing human composting, New York became
- How To Make Your Restaurant Stand Out in the CrowdUnderstanding how to make your restaurant stand out in the crowd is a great way to separate yourself from the competition. Learn how to do it here.
[…] Pet Love: Why You Need to Think About Pet Estate Planning […]
[…] The need for pet estate planning: What if you go first? […]