Wills for Pets ! ?
Posted: February 10, 2015 Filed under: Uncategorized 2 CommentsMuch has recently been written about the necessity for making provision in your Will for your pets. See the Links at the end of this post.
Kramer – My Dogson
If you plan to leave money for their care then a provision in your Will makes sense. Your Will can provide for a trust to protect and manage the moneys, and importantly, deal with any money left over when your pet passes away.
As for caring for you pet … common sense should prevail, not your Will.
The secret to proper care for you pet is to communicate with the intended carer before you die. Don’t surprise someone in your Will. They may not want the responsibility.
Again – communicate, communicate, communicate – before you pass away.
When ?
You tell me when you plan to die and you will have answered that question for yourself.
Don’t know?
None of us do, so I guess the right time is now as we can’t predict the unforeseen accident or injury, illness or terrorist attack – so today might be a good time to think about it. Tomorrow MAY BE a good day to have a chat to your proposed carer.
See if they are willing. If not it’s better to know now while you can do something about it than leave the task to your executor after you pass away.
I’m a specialist estate planning lawyer + professional traveller + keen photographer + political observer. I like to share my experiences across all four devotions – often as a mixed lot. If you like this blog please subscribe for more.
Check out these links:
http://www.lifestyle.com.au/pets/do-you-need-a-pet-trust-or-will.aspx
http://rspcavic.org/documents/giving/Leaving-gift-in-will/RSPCA-Bequest-Animal-Program-brochure.pdf
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I plan on returning and Looking after Kramer.
It’s interesting that there are wills made for pets. I’ve heard of people leaving their pets to other people. My aunt has five cats, so I hope that she thinks of giving them a good home in her will before she dies.