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We love our pets. They’re family. They’re there when we come home, they comfort us, they make us laugh, and they fill our hearts with companionship.
But here’s the truth: many people don’t plan for what happens to their pets if they can no longer care for them. I have seen it too many times in my practice.
When people don’t plan:
Pets may end up in shelters, often elderly and unadoptable.
Family members may fight or resent having to take in a pet.
Pets may be rehomed to someone who doesn’t know your pet’s medical or emotional needs.
You lose control over your pet’s future.
A Pet Trust is the best way to ensure your pet’s long-term care:
You designate a caregiver for your pet.
You allocate funds specifically for your pet’s care.
You appoint a trustee to manage and distribute the funds, ensuring the caregiver uses them appropriately.
You outline care instructions, including dietary preferences, medical needs, or even daily routines your pet enjoys.
Pet Trusts are legally enforceable and continue for the life of your pet.
Planning isn’t just about “big assets.” It’s about the loved ones who depend on you—including your pets.
So, follow along with me on Episode 75 of Boomer Time. I promise you’ll leave with some important takeaways as you plan for the future with Fluffy and Fido in mind. They deserve that. I know I’ll have a plan for my furry, four-legged friends, too.
Nancy A. Cogar, Esq., has a Tennessee-based practice in estate planning, elder law, long-term care planning & advocacy for older adults. As a partner with Samples, Jennings, Clem & Fields, PLLC, she is committed to comprehensive, competent & compassionate advocacy for seniors, caregivers and families navigating aging and the incoming Silver Tsunami.🔑 For help, visit NancyCogar.com🎙️ Listen to the Boomer Time with Nancy Cogar podcast on Spotify, Apple Podcasts and on YouTube✨Follow on Instagram @nancy.cogarDisclaimer: The information provided on this website and on the podcast is not intended to be considered as legal advice or constitute an attorney/client relationship as provided under the Tennessee Rules of Professional Conduct.
