When planning for the future, you have to be sure you don’t forget about an important member of the family — your pet.
⅔ of American households have pets, but very few of them have a plan in place for what will happen to their pet when they die. This is especially important for families with animals who have longer lifespans — such as horses, birds, and turtles — but as with regular estate planning, it’s good to be prepared for anything.
So what can you do to make sure Fido or Nemo will be treated with care after you’re gone? Set up a pet trust.