{"id":326,"date":"2015-03-26T17:14:48","date_gmt":"2015-03-26T21:14:48","guid":{"rendered":"http:\/\/www.nycprobate.com\/probate-blog\/?p=326"},"modified":"2023-04-05T12:05:49","modified_gmt":"2023-04-05T16:05:49","slug":"planning-for-care-of-pets","status":"publish","type":"post","link":"https:\/\/www.nycprobate.com\/probate-blog\/planning-for-care-of-pets\/","title":{"rendered":"Taking Care of Your Pets After You Die"},"content":{"rendered":"<p><a href=\"http:\/\/www.nycprobate.com\/probate-blog\/wp-content\/uploads\/2015\/03\/pets.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-328 size-thumbnail\" src=\"http:\/\/www.nycprobate.com\/probate-blog\/wp-content\/uploads\/2015\/03\/pets-150x150.jpg\" alt=\"Estate planning for your pets\" width=\"150\" height=\"150\" srcset=\"https:\/\/www.nycprobate.com\/probate-blog\/wp-content\/uploads\/2015\/03\/pets-150x150.jpg 150w, https:\/\/www.nycprobate.com\/probate-blog\/wp-content\/uploads\/2015\/03\/pets-300x300.jpg 300w, https:\/\/www.nycprobate.com\/probate-blog\/wp-content\/uploads\/2015\/03\/pets.jpg 500w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a>Non-animal lovers may find it hard to believe, but more and more pet owners are leaving their fortune to their pets. <a href=\"http:\/\/www.dailyfinance.com\/2014\/09\/11\/what-joan-rivers-just-taught-pet-lovers-about-estate-planning\/\" target=\"_blank\" rel=\"noopener noreferrer\">Joan Rivers<\/a> made sure her dogs were taken care of after she passed away by including them in her estate planning. Leona Helmsley also left her dog millions in her will. <a href=\"https:\/\/www.nycprobate.com\/ny-estate-planning.htm\">Estate planning<\/a> for pets is not exclusive to the rich and famous. Instead, it is for owners that consider their pets as members of the family and not mere property. To ensure that your pets are cared for, consider including them in your estate planning.<!--more--><\/p>\n<h2>Wills<\/h2>\n<p>A <a href=\"https:\/\/www.nycprobate.com\/ny-estate-planning.htm\" target=\"_blank\" rel=\"noopener noreferrer\">will<\/a> is a legal document consisting of instructions on how to distribute property after death. Since a will is not carried out until after one\u2019s death, it does not address the care of pets during the owner\u2019s lifetime. This will create challenges for pet owners, especially if they become incapacitated or ill and can no longer care for their pets. Additionally, wills are not executed immediately.<\/p>\n<p>There is usually a lull between the time the contents of the will is announced and the distribution of property. There is even a longer waiting period if the will is contested. During this waiting time, it is likely that the pets will go without the owner\u2019s intended instructions of care. Additionally, an owner\u2019s laid out plans may be changed at the court\u2019s discretion. Pet provisions in wills in some states are considered honorary and not enforceable. There is nothing that prevents a person from misusing the funds intended for the pets.<\/p>\n<h2>Pet Trusts<\/h2>\n<p>Unlike wills, pet trusts are implemented during the owner\u2019s life and after death. Owners can be assured that their pets will be cared for should they become incapacitated or ill. Pet trusts can also be carried out immediately because owners determine when the trust becomes effective. During the creation of the pet trust, owners will have to decide the amount of funds that will be needed for pet care. Owners can also choose a trustee to control these funds.<\/p>\n<p>Owners should consider the following elements during estate planning for pets:<\/p>\n<p>\u25cf Who will be the pet guardian? This can be a person or an organization.<br \/>\n\u25cf How much funding should be set aside for pet care?<br \/>\n\u25cf Will the pet guardian be compensated?<br \/>\n\u25cf What happens to the funds after the pet dies?<br \/>\n\u25cf Will the funds be distributed monthly or yearly?<br \/>\n\u25cf What will happen to the pet\u2019s offspring?<br \/>\n\u25cf If there is more than one pet, which pets will be included in the trust?<br \/>\n\u25cf Will the pets be together?<br \/>\n\u25cf Detailed instructions for pet care<\/p>\n<p>Owners should also provide detailed descriptions, photos, or even microchips of their pets to avoid fraud. Without certain protections in place, there is nothing to prevent pet guardians from replacing the original pet to continue to receive funding.<\/p>\n<p>Estate planning for pets is becoming the norm with <a href=\"http:\/\/www.aspca.org\/pet-care\/planning-for-your-pets-future\/pet-trust-laws\" target=\"_blank\" rel=\"noopener noreferrer\">46 states<\/a> including the District of Columbia having statutory pet trust laws.<\/p>\n<p>Pet trust laws varies from state to state. To learn more about wills and trusts, contact <a href=\"https:\/\/www.nycprobate.com\/contact.htm\">New York probate attorney Rudolf Karvay<\/a> today for a consultation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Non-animal lovers may find it hard to believe, but more and more pet owners are leaving their fortune to their pets. Joan Rivers made sure her dogs were taken care of after she passed away by including them in her estate planning. Leona Helmsley also left her dog millions in her will. Estate planning for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[3],"tags":[44,38,37,36],"class_list":["post-326","post","type-post","status-publish","format-standard","hentry","category-estate-planning","tag-estate-planning","tag-pet-trust","tag-trusts","tag-wills"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.3.1 (Yoast SEO v25.3.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Taking Care of Your Pets After You Die<\/title>\n<meta name=\"description\" content=\"To ensure that your pets are cared for, consider including them in your estate planning.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.nycprobate.com\/probate-blog\/planning-for-care-of-pets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Taking Care of Your Pets After You Die\" \/>\n<meta property=\"og:description\" content=\"To ensure that your pets are cared for, consider including them in your estate planning.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.nycprobate.com\/probate-blog\/planning-for-care-of-pets\/\" \/>\n<meta property=\"og:site_name\" content=\"New York Probate Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/nycprobate\" \/>\n<meta property=\"article:published_time\" content=\"2015-03-26T21:14:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-05T16:05:49+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.nycprobate.com\/probate-blog\/wp-content\/uploads\/2015\/03\/pets-150x150.jpg\" \/>\n<meta name=\"author\" content=\"Rudolf J. 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