What can I do to guarantee my pet the best life?

 What can I do to guarantee my pet the best life?

What can I do to guarantee my pet the best life?

What can I do to guarantee my pet the best life?

What can I do to guarantee my pet the best life?

If your estate plan includes your pet, prepare the necessary documents to ensure your pet is cared for according to their needs. Valuable documents such as a pet information sheet provide your pet sitter with important care information when travelling. A pet power of attorney gives a trusted friend or family member the authority to authorize any required care within the limits you choose. Finally, a pet trust ensures that the finances are in place to take care of your pet should anything happen to you.

The One Stop pet Care Doc: The pet Information Sheet

We all know the stress and confusion our pets experience when circumstances suddenly change: disrupted schedules, inconsistent food, and forgotten medications, to name a few. A pet information sheet effectively takes all the guesswork out of caring for your pet and gives you the peace of mind that your pets are receiving the consistent level of care they are accustomed to, minimizing their stress and maximizing their comfort.

A pet information sheet is the go-to place for all the important information about caring for your pet. It includes detailed information about your pet‘s emergency contact, veterinarian, insurance, feeding schedule, walking routine, microchip, medical history, medications, and any other details you wish to note.

Taking the time to list all of the important information your caregiver needs to know will ensure your pet receives consistent care and minimize their stress.

Common elements that should be included on a pet information sheet are:

  • food directions
  • medication instructions
  • Daily hiking/exercise schedules
  • Veterinary Information
  • 24 Hour/Emergency Vet Hospital Information
  • Important numbers (e.g. microchip, driver’s license)
  • emergency contact

For their worst case scenario: The pet power of attorney

A pet power of attorney is a legally binding document in which you appoint someone to make decisions about the care of your pet and express your wishes regarding the type and cost of that care in the event of your absence or inability. Most importantly, a pet power of attorney serves as a document your veterinarian will request to perform medical procedures in your absence or when you are unavailable.

Why should I have a pet Trust?

Like any other estate planning document, a pet trust is a legal instrument that gives you the power to care for your pets when that is not possible. It also equips your pet‘s new caretakers with the financial resources to continue their care and allows you to make financial arrangements and appoint parties to manage the trust as you wish.

The pet Trust gives your pet‘s handler powers of attorney to carry out your wishes for care in your absence. Should your pet require medical assistance, you can indicate what type of treatment you do or do not want and limit spending. They can even provide instructions for end-of-life care, when to stop treatments, and make funeral or cremation arrangements.

Trustee, custodian, trustee – what’s the difference?

When starting a pet trust, three officers must be appointed, each with a specific role.

Here’s a breakdown:

  • trustee – This is the person who manages the assets of the trust. The Trustee is responsible for adhering to the terms of the pet Trust and ensuring funds are spent appropriately.
  • supervisor – You entrust a person you trust with the care and custody of your pet or animals. This person’s responsibility is to follow the instructions you have given at the pet Trust and look after all of your pet‘s needs. You may wish to designate a replacement caregiver if your first choice is not available when needed.
  • confidentiality protection – This person serves as the trust’s watchdog and ensures that the funds are used to care for the pet as instructed by the trust. The Trust Protector is the voice for your pet and holds the trustee accountable for the responsible management of the trust’s funds and terms.

Designate yourself as trustee

A pet Trust is a must for all pet owners to provide seamless care for our pets when we are unable to be with them.

If you call yourself a trustee, which is typical, you can change your mind and withdraw your wealth at any time, as long as you have the ability – the ability to understand and make decisions.

The trustee holds monies you have paid into the pet Trust for the care of your pet. You specify exactly what these funds should be spent on by the caregiver: grooming, food, veterinary care, boarding, etc. You can also specify what type of food to feed your pet, when or where to take your pet for a walk, and all other routines.

 

 

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