Making a Will For Your PetsPublished November 17, 2008
Leona Helmsley left $12 million in her will which ensured that her beloved dog, Trouble, would never have to worry about from where his next can of dog food would be coming, or who would care of him. While most of us are not in the position to provide a fortune of that magnitude, at the same time it is prudent to make arrangements that protect the safety and care of our pets should we predecease them. In fact, just the other day, my husband and I started that most important conversation about what measures we needed to take to keep the commitment that we made to our kitties, the moment we adopted them. We discussed how essential for us, as pet "parents" to make those arrangements for the continuing care of our beloved cats. So what are some of the simple things that we can do to give us peace of mind, knowing that provisions for our pets are in place? 1. Open a small savings account dedicated to your pet at the time of adoption or purchase. Just a few dollars a week add up over the years, which can grow to a sizable amount. 2. Find a trusted family member or friend who is willing to adopt and care for your pet should the need arise. 3. Talk to your veterinarian about your plans. Ask if he or she can assist in placement if friends or family members are not able to take over this responsibility. Our veterinarian has agreed to find homes for our cats in the event that no one else is available. She also promised to do everything possible to ensure that our cats are not separated. 4. Make arrangements so funds are immediately available to people willing to adopt your pet to help cover expenses for their upkeep. Knowing that funds have been set aside for this purpose, will help alleviate any concern they may have about their ability to cover costs. 5. Most important: Make written and notarized contracts with future caretakers, which will ensure that those funds will be dispensed as per your wishes, which will make any monies available easier to access, with a legal document in hand. 6. The Humane Society of the United States offers a free kit: "Providing for Your Pet's Future Without You." From an attorney’s point of view, visit: http://www.pettrustlawyer.com/pages/articles/ElderLawRpt.php Have you given any thought to or already made provisions for your pet's future? Tell us about it by leaving a comment.
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