Is your pet in your will?
Most people assume a friend or family member would step in to care for your best friend in the event of your untimely demise – but don’t count on it. In the eyes of the court, your pet is considered property. According to attorney Rachel Hirschfeld, author of “Petriarch,” there is a very real chance your beloved pet will be euthanized after your death without proper planning. She says designating a home for your pet in your will may not be enough, as it can take months or years to settle your estate.
A better option for your pet is to construct a freestanding pet trust – but those can be pricey. There is a less expensive option out there called a PPA, or Pet Protection Agreement. You won’t need an attorney but you’ll need to designate pet guardians and have the document signed and notarized. You can find a PPA online at LegalZoom.com.
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