Tag Archives: estate planning

Pet Care Planning without a Trustee

Many people add bequests or trusts for the continuing care of their pets — but if no one wants to take care of your difficult dog, what can be done?

Some veterinary schools and no-kill shelters have continuing pet care programs. In these programs, the pets either live the rest of their lives on site in posh digs, or are adopted out or put in “foster care.” These programs typically require you to pay an enrollment fee of around $1,000 and to fund an endowment of $10,000 and up–currently, or as a bequest in your will. If you make the contribution now you may be able to deduct part of it—

via Caring For Fido After You’re Gone – Forbes.com.

The first part of the article covers traditional estate planning methods  to provide for continued pet care.