Don’t Forget About Fido: Pets and Your Estate Plan

Did you know that you can include your pet in your will?

Most pet owners view their furry companions as part of the family. Despite this, people often overlook their pets when preparing their estate plans.

If you are taking the time and spending the money to put an estate plan in place, why not make arrangements for your spouse, children, and furry family members?

There are several options available:

• Giving your pets to a chosen individual;

• Giving the executor and trustee of your will discretion to find a suitable home for your pets;

• Giving your pets and a one-time cash payment to a family member or close friend; or

• Setting up a trust fund for the care of your pets.

The language in your will can be customized for most situations and most types of pets, including dogs, cats, horses, birds, and even fish.

If you would like to make arrangements for your furry, feathered, or scaley family members in your will, contact me for a consultation.