Pet planning is important if you are planning your estate as a pet owner. While it is true that humans generally outlive their pets, thousands of animals are left homeless each year after their owners pass away.
Pet ownership can be especially meaningful for senior citizens who are experiencing loneliness and a lack of purpose. When you plan your estate effectively, you can own a pet as a senior citizen with peace of mind.
Pet Trusts
If you want to provide for your pet in a safe and comprehensive manner, you may want to consider the creation of a pet trust. These trusts are now legal in the majority of the states, including North Carolina.
With a pet trust you name a trustee to administer the funds for the benefit of the pet. This trustee is bound by law to follow the terms that you record in the trust agreement. In this agreement you can leave behind very specific instructions. The trustee will make sure that your wishes are carried out.
We have prepared a special report on the subject of pet planning, and it covers pet trusts in detail. If you would like to obtain access to this valuable report, click this link and follow the simple instructions: Pet Planning Report.
Durham, North Carolina Pet Planning Consultation
When you bring a pet into your home, you are making a commitment that extends throughout the life of the animal. You can be certain that your best friend on four legs is properly provided for if you include your pet in your estate plan.
If you would like to discuss pet planning with a licensed estate planning lawyer, we would be glad to assist you. Contact us through this website to request a Durham, North Carolina pet planning consultation, or give us a call at (919) 484-0012.
