Pet Trust Attorney San Antonio TX
Over the years, studies have shown that owning a pet provides social, psychological, and emotional stimulation and health benefits. If you’re a pet owner, you know what I am referring to. When you arrive home after a long day at work, the one member of the family who will always greet you at the door and demonstrate unconditional love is your furry pal. Some of our clients even refer to a pet as the four-legged member of the family.
As estate planning attorneys, our main focus is ensuring continuity amongst family members through preparations of wills of trusts. Agents are selected for financial and healthcare planning and guardians are appointed for the care of underage children. Plans are made for the family members, but what happens to the family pet upon the pet owner’s death?
What is a Pet Trust?
A Pet Trust is a legally enforceable document that sets aside funds and provides detailed instructions for the care of your pets. Unlike informal arrangements, a Pet Trust ensures that your pets will be cared for according to your specific wishes.
How a Pet Trust Works
Similar to other types of trusts, a Pet Trust allows you to allocate resources and name individuals to manage those resources. You can specify how the caregiver should provide for your pet, outline contingency plans if the caregiver is unable to serve, and even designate what happens to unused funds after your pet passes.
Plan for Your Pet’s Happiness
Just as you plan for your family, your pets deserve consideration in your estate plan. A Pet Trust gives you the confidence that they’ll continue to receive the love and care they need when you are no longer able to provide it. Contact us today for a free consultation.