Estate Planning for the Pets We Love
Estate planning for pets is a crucial aspect that often gets overlooked.
Understanding the Need for Pet Estate Planning:
Without proper planning, pets may end up in shelters or with individuals who may not understand or be equipped to meet their specific needs. Planning for your pets' continued welfare is a critical element of any estate plan.
Key Components of Pet Estate Planning
Identify Caretakers: Someone who is able and willing to take care.
Legal Documentation: A pet trust is a legal document that designates funds and instructions.
Be Financially Prepared: Sufficient funds must be provided.
Leave Detailed Instructions: Sufficient information must be provided.
Keep Things Updated: Review and update your documents to reflect any changes.
This document is designed for general information only. The information presented in this document should not be construed to be formal legal or tax advice nor the formation of a lawyer/client relationship.
For more information on this and other topics, please contact Kevin via any of the channels listed below:
📧 kevin@kmckernan.com | 📞 718-317-5007