For many of us, pets are more than just animals—they are family. But what happens to them if something unexpected happens to you? Estate planning isn’t just for people; it can also ensure your pets are cared for through a pet trust.

What is a Pet Trust?

A pet trust is a legally binding arrangement that designates funds and instructions for the care of your pet after you pass away or become incapacitated. Unlike informal promises to a friend or family member, a pet trust ensures your wishes are followed and provides financial resources to cover your pet’s needs.

Why a Pet Trust Instead of a Will?

Many pet owners assume that leaving instructions in a will is enough, but a pet trust offers several advantages:
✔ Immediate Care – A will goes through probate, which can take time, while a trust ensures care begins right away.
✔ Legal Oversight – A trustee manages the funds and ensures they are used for your pet’s benefit.
✔ Customized Instructions – You can specify dietary needs, medical care, daily routines, and even the person who will care for your pet.

How to Set Up a Pet Trust

1️⃣ Choose a Caregiver – Select a reliable and willing person to take custody of your pet.
2️⃣ Appoint a Trustee – This person manages the funds and ensures they are used appropriately.
3️⃣ Outline Care Instructions – Detail feeding, vet visits, exercise routines, and any special needs.
4️⃣ Fund the Trust – Determine the amount needed to cover your pet’s lifetime expenses.
5️⃣ Plan for Surplus Funds – Specify where remaining funds should go once the pet passes away.

Secure Your Pet’s Future

A pet trust provides peace of mind that your beloved companion will be well cared for, no matter what the future holds. If you want to explore how a pet trust fits into your estate plan, our team is here to help.

📞 Contact the Davis Schilken, PC team today to ensure your pet’s future is secure (303)670-9855! 🐾 #EstatePlanning #PetTrust #PeaceOfMind