What is a pet trust?

A pet trust is a legal arrangement that allows pet owners to ensure their beloved animals are well cared for after their passing. Unlike traditional estate planning, a pet trust specifically designates funds and instructions for the care of one's pets. This ensures that the pets receive proper care, attention, and financial support from a designated caregiver.
One interesting aspect of a pet trust is the flexibility it provides in outlining specific care instructions, such as dietary needs, exercise routines, and veterinary care preferences. Additionally, establishing a pet trust can help prevent disputes among family members or caregivers regarding the care and custody of the pets. By incorporating a pet trust into your estate planning, you can have peace of mind knowing that your furry friends will be taken care of according to your wishes even when you are no longer able to do so yourself.