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Fri January 31, 2014
Animal Life: Providing For Your Pet In Your Will
If you're like me, you can't imagine life without your pet. But what if you pass away before your pet does?
Many of us consider our pets members of our families, but the state of Louisiana doesn't allow you to name your pet as the beneficiary of a trust. Instead, you can transfer ownership of your pet and create a trust to benefit its new owner.
Consult an attorney to ensure that your pet is cared for if you're not around. Speak with your family and friends about your wishes, and identify one or two people who can take care of your pet if something happens. An attorney can also help if you're providing money for the pet's care or if you're concerned that your wishes might not be followed.
You can read more about providing for your pet in your will or creating a trust here.
Music Inside Out with Gwen Thompkins