Pets mean the world to their owners, but many will-makers forget to include their pets in the estate planning process. Because the law considers pets as property, your intentions for your furry friends ought to be set out in your will.
In addition to appointing someone to care for your pets when you are gone, many will-makers choose to leave a cash gift to the person taking care and custody of the pets, either as a gesture of gratitude or for future use (ie. anticipated care costs). Some will-makers even choose to create formal trusts for the benefit of their pets.
Wondering if your estate plan adequately provides for your fur babies? Call or email us today to find out more!
This article is intended for information purposes only and should not be taken as the provision of legal advice. Grace C. Cleveland is a lawyer with the law firm of Cleveland Doan LLP and can be reached at (604)536-5002 or firstname.lastname@example.org.