Estate Planning · August 06, 2021
It's sad but true that many pets end up in shelters after their owner dies or becomes incapacitated. In fact, the Humane Society estimates that between 100,00 to 500,000 pets are placed in shelters each year for this reason, and many of these animals are ultimately euthanized. In light of this cold reality, if you're a pet owner, the best way to avoid this tragic event is to use estate planning to ensure your pets receive the best care when you're no longer able to care for them yourself.
Estate Planning · January 19, 2021
Your pets are definitely the image of unmatched loyalty and loving companionship. Thus, you care for them the best way you can in your lifetime. However, some pets outlive their owners and end up alone, abandoned, or euthanized. Creating a pet trust is the answer to this best way to avoid this sad fate. This fund will provide your pets’ daily needs such as food, grooming, vet bills, and even burial. Here are some ideas to help you in building a trusts for your pet.
Estate Planning · October 22, 2020
You may think your pets are family, but the law considers them to be nothing more than personal property just like your cars, furniture, and electronic devices. In order for the law to treat your pets the way you want them to be treated, it is your responsibility to make that clear through estate planning. If you would like your pets to be taken care of properly after your death, you have to plan ahead to ensure their safety and care when you are not able to do it yourself.
Estate Planning · October 25, 2019
Your family's most precious wealth is not money, but the memories you make, the values you instill, and the lessons you hand down. These intangible assets are likely to be lost forever however, these could be preserved and passed on to your loved ones through comprehensive estate planning at definitely no extra cost. As your Family Startup Lawyer™, we can help you customize your estate plan and help you pass on not just your financial wealth, but your most treasured family values as well.
Estate Planning · October 04, 2019
Indeed, pets can become our closest companions and it’s only natural you’d want to make sure your furry friend is provided for in your estate plan, so when you die or if you become incapacitated, your beloved companion won’t end up in an animal shelter or worse. Having a will in your estate plan is good, however, it is not the best suitable option for ensuring that they are protected and provided the kind of love and care they deserve. Read here the reasons why.
Estate Planning · September 27, 2019
Including a Pet Trust in your estate plan that names the trustee and spells out legally binding rules for how your pet will be taken care of is critically important to ensure your closest companion will receive the kind of love and care it deserves and will never end up in an animal shelter nor will be taken care of by the wrong people in the event of your potential incapacity or death. Here are some of the most important things to consider when setting up a pet trust.