Protect your precious pets by creating a pet trust to ensure that your wishes are followed
What will happen to your beloved pet if you become ill or are deceased? Generally, a “Pet Trust” refers to an arrangement whereby a caretaker is designated for a pet and funds are left to pay for its care. “Pets” not only includes dogs, cats and birds, but also horses, reptiles, and other animals.
Of course, an animal cannot be a beneficiary of a traditional trust for a number of reasons, not the least of which is the simple fact that it cannot bring it’s own case to enforce the trust before a court. Nonetheless, the term pet trust increasingly appears in legal and non-legal literature with much explanation. Florida has a statute specifically addressing pet trusts so you can be certain your beloved family member will be cared for after your death.
To schedule an appointment to be sure your furry friends or other pets are secure, contact Bowers and Associates.