Title: Who Will Care for Your Pet When You Can't?
1WHO WILL CARE FOR YOUR PET WHEN YOU CANT?
2Your pet is a piece of property
3If you have a pet that you love and consider to
be a member of your family, you may be surprised
to learn that the law doesnt agree
4Under the law, a pet is a piece of personal
property like a piece of jewelry, a piece of art
or a car
5Technically, this means that when you die, or are
even temporarily disabled, your pet may not be
cared for
6Assumptions
7My child will take my pet and care for him or her
as I would There is no way that my pet can be
legally euthanized if I cant care for him or
her The person who takes my pet when I die wont
mind spending money on necessary expenses to
treat my pet like I would
8My child will take my pet and care for him or her
as I would There is no way that my pet can be
legally euthanized if I cant care for him or
her The person who takes my pet when I die wont
mind spending money on necessary expenses to
treat my pet like I would
9My child will take my pet and care for him or her
as I would There is no way that my pet can be
legally euthanized if I cant care for him or
her The person who takes my pet when I die wont
mind spending money on necessary expenses to
treat my pet like I would
10Reality
11Even if one of your children or another friend
or relative has told you that he or she will
take your pet when you die or if you cant care
for it, THINGS CHANGE
12Here are just some examples
13Here are just some examples Your child has
remarried and his or her new spouse is allergic
to animals
14Here are just some examples Your child has
remarried and his or her new spouse is allergic
to animals Your friend who promised to take them
in has moved to an assisted living facility and
pets are not allowed
15Here are just some examples Your child has
remarried and his or her new spouse is allergic
to animals Your friend who promised to take them
in has moved to an assisted living facility and
pets are not allowed The person who vowed to
care for your pets is unemployed and can barely
afford to feed their family
16Just as with any other abandoned pet, yours can
be euthanized if there is no place available
other than an overcrowded shelter
17Other people dont love your pet like you do, so
it is unlikely that it will receive the care
that you would want for it
18Solutions
19Now that you have seen that your assumptions may
not be correct, how do you ensure that your
beloved pet is cared for when you no longer can
do it yourself?
20A Pet Trust Can Solve These Problems
21What is a pet trust?
22Even if you are not familiar with trusts, youve
probably heard the term trust fund baby which
refers to a person receiving money put away for
them in a trust
23With a pet trust, your pet becomes a trust fund
baby
24What does a pet trust do?
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26Instructions for Care
27Only you know what kind of treats your pet
craves, what time of day it eats, its favorite
toy and its characteristics
28Your pet trust can specify all of these details
to ensure that your pet will more easily
transition into another environment
29Funding the pet trust
30If you designate someone to care for your pet,
the best chance of having them spend an adequate
amount of money for its care is to provide those
funds to them
31The pet trust will specify where the money will
come from, e.g., a special trust account or other
source, and how it should be spent
32Who will care for your pet?
33Just as you would name a guardian for a minor
child if you couldnt care for them, you can do
the same with a pet trust
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35What does it cost?
36Most pet trusts cost less than a routine vet
visit, or not much more than a monthly grooming
37Cost range depends on factors like
38Whatever the cost, it is worth it to have the
peace of mind that your beloved companion will
have the care it deserves when you can no longer
provide it
39Shelters across the country are full of pets who
are abandoned because their owners could no
longer care for them
40Dont let yours be one of them
41Pet Trusts Are Not Just for Celebrities Provide
for Your Pet with Pet Planning Download Your Free
Report on Pet Trusts
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arkansas-estateplanning.com