If you have a pet, it’s natural to be concerned about what would happen to it if you pass on or become incapacitated. This is where a pet trust can help. With this, you’ll have greater peace of mind that your pet will always receive the care and attention it deserves.
Here are three of the primary benefits of creating a pet trust:
- Control over future care
You know your pet better than anyone else, and for this reason, you want to maintain control over its future care. A pet trust allows you to do just that.
Add stipulations for food, healthcare requirements, and daily schedules.
- The ability to designate a trustee
When you name a responsible and honest trustee, you know that there’s always someone looking out for your pet’s best interests. This person will manage the trust and oversee the funds to ensure that they’re being used in accordance with the terms and conditions.
- It can be activated if you’re incapacitated
If you become disabled or incapacitated — such as the result of an injury or illness — you don’t want your pet to be left without care. A pet trust can activate during your lifetime if you’re unable to provide for your canine (or feline!) companion. This allows you to focus on your recovery, as opposed to worrying that your pet isn’t getting the care it needs.
Do you have a pet? Are you thinking of adding a pet to your home in the near future? If you answered yes to either question, consider the benefits of a pet trust.
Contact us online or via phone at (512) 258-9455 to discuss your personal situation and pet planning goals. One of our experienced and knowledgeable pet trust attorneys can answer your questions, address your concerns, and walk you down the right path.