Secure Your Pet’s Future With A Trust
Pets are more than just animals; they are beloved family members. They give us joy, companionship and unconditional love on a daily basis. They deserve our love, care and forethought in return. Setting up a pet trust can provide you with peace of mind knowing that your beloved four-legged friend will continue to receive love and care for the rest of their life, even after you’re gone or unable to care for them.
At Chayet & Danzo, LLC, our team understands and honors the unique bond you share with your pet. For over 20 years, our Denver-based lawyers have been providing quality estate planning services across Colorado. Our pet trust attorneys bring extensive experience and a deep understanding of Colorado estate law to the table. They pride themselves on crafting personalized estate plans that address our clients’ specific needs and concerns. They will listen carefully and respond thoughtfully to all your questions throughout the estate planning and pet trust creation process.
What Is A Pet Trust?
A pet trust is a legal arrangement that provides for your pet’s care after you pass away or become incapacitated. It allows you to set aside funds specifically for your pet’s expenses and outlines detailed instructions for their care. It also designates a trustee to administer the funds in accordance with the trust terms.
How Does A Pet Trust Work?
When you establish a pet trust, you designate a trustee who will be responsible for managing the funds and ensuring that your pet receives proper care according to the instructions you’ve laid out. These trusts typically cover veterinary care, food, grooming, end-of-life care and pet burial. The trust remains active for the life of your pet or until the trust funds are exhausted. You can also designate a remainder beneficiary who will receive any leftover funds.
When Should I Create A Pet Trust?
The best time to create a pet trust is now. Life is unpredictable, and you can gain tremendous peace of mind knowing that your pet will be well cared for in the event that something happens to you. Setting up a pet trust as part of your overall estate plan will provide a way to address your pet’s needs without placing additional stress on family members or friends.
Explore More About Pet Trusts With Knowledgeable, Professional Guidance
Your pet deserves the best care, even when you’re not around to provide it. By planning ahead with a pet trust, you’re not just planning for the future; you’re providing ongoing love and security for your pet.
Contact us in Denver and Edwards at 888-472-1088 to discuss how our team can help you set up a pet trust. Our lawyers can also help you with all elements of estate planning, including other types of trusts and wills, so that you can have peace of mind knowing that all aspects of your affairs are in order.