Flood & Masiuk LLC
When you plan your estate, you provide for your family members. Most of your family members are going to walk on two legs, but you should also remember the four-legged variety.
While it is true that humans have much longer lifespans than dogs and cats, if there is any possibility that you may predecease your pet, you should take action.
Pet Ownership for Seniors
Pet ownership can be very rewarding for senior citizens. The companionship can be invaluable, especially when you have lost a spouse and other people close to you.
Pets provide unconditional love, and retired seniors with grown children can experience a renewed sense of purpose when they bring a pet into their homes.
Some seniors would like to adopt a pet, but they take pause because they have longevity concerns. This should not be an obstacle, because you can effectively provide for your pet in your estate plan if you take the right steps.
Pet Trusts
Most states in the union are now allowing pet trusts. We practice law in the state of Pennsylvania, and pet trusts are legal in our state.
When you create a pet trust you name a trustee, and you leave behind specific instructions that the trustee must follow. If you predecease your pet, the trustee will use assets that you have conveyed into the trust for the care of the pet.
The trustee will be compelled by law to follow your instructions to the letter, so you can be certain that the pet will receive the proper care for the rest of its life.
Free Report on Pet Planning
If you would like to obtain some in-depth information about pet planning, we can help. We have prepared a free special report on the subject, and you can access the report through this website.
To obtain access to your copy, click this link: Free Pet Planning Report.
Southampton Pet Planning Consultation
We offer free consultations to people in and around Bucks County, PA, and we can answer any questions that you may have about pet planning. Send us a message through our contact page to schedule an appointment.
