Pet Trust

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Here at Estate Planning Associates, we are knowledgeable, caring professionals that are here to create a comprehensive pet trust for you.

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What is a pet trust?

A pet trust is considered to be a legal plan where it is known how you want your pets taken care of in the event of your death. The main reason why a pet trust is so important is that most of us consider our pets family members and their continued care after we pass away is very important to us. A pet trust fund will allow you to determine what percentage of your money will need to put away for the care of your pets. A trustee is designated to ensure that the caregiver of your pet is doing his or her duties correctly. When you pass away The amount that you decide to place in the trust cannot be excessive but should be enough for the life of the pet. Most states have adopted certain laws in regards to pet trusts.

What are the benefits of a pet trust?

There is really only one main benefit of a pet trust and it is the peace of mind knowing that your pet(s) will be taken care, when you die, according to your wishes. Adding a pet trust to your will creates a legal responsibility for someone to take care of your pet. Having a pet trust provides for the accountability of the money that you set aside for your pet. A pet trust agreement is available in most states. Contact Estate Planning Associates to find out what pet trust is right for you and your estate planning needs.


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