It's a sad fact that more than 500,000 pets are euthanized each year due to their owner's disability or death. The Humane Society of the US estimates that 47% of American households own pets, with a total of 83.3 million dogs and 95.6 cats. How many pet owners have planned for their pets? My unofficial estimate, based on more than thirty years of estate planning, is less than 1%. Have you given this any thought? Probably not. I tell my clients to plan for their pets the same way they would plan for a young child. Think about who would be willing to take custody of your pet and then talk to that person. And remember that it costs money to care for your pet.
Estate Planning for Pets Archives
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