At Gershberg & Associates, LLC, our pets are an important part of our family. In fact, we’re so fond of our pets you will often find them visiting our office. If you have a pet, you want to be sure that it will continue to receive the best care possible in the event of your passing or incapacity. Through proper planning, we can help you proactively guarantee that someone you trust will care for your pet in the same manner as you would in the event you no longer can. Pet trusts can take a lot of weight off your shoulders if you have pets in your family.
If this is a concern to you, consider adding a pet trust to your estate plan. A pet trust allows you to dictate the type of care your pet will receive in the event of your death or incapacity and allows you to set aside the necessary funds to ensure your pet’s future caregivers are equipped to continue their care.
When it comes to advanced planning for your pets, here are some important questions to consider:
Who do you trust to welcome your pets into their lives?
Who knows your pet well?
Who do you trust to make decisions that consider your pet’s best interest?
How many pets do you have?
Does your pet have any special care instructions, such as medication or dietary?
What is the average annual cost to care for your pet?
Do you have specific requirements in regards to where your pet receives medical care?
Are there any miscellaneous lifestyle details that are important for your pet’s new caretaker to understand?
If you are interested in creating a pet trust or want to learn more about this great tool, contact our law firm to request a consultation. Our experienced staff can help you plan ahead for your pet’s care, and that should assist you in providing you with the peace of mind you deserve. That’s always our mission at Gershberg & Associates. Pet trusts can be easily incorporated into a well-drafted estate plan. Contact our office at (410) 654-3850 to learn more about how we can help you protect your four-legged family members.
- The Lessons from Lisa Marie - April 11, 2023
- The Not-So Transparent Corporate Transparency Act - April 4, 2023
- What Happens When You Don’t Trust Your Trustee – Part II - March 28, 2023