This is a legally enforceable document that is part of your Estate Plan to ensure that your pets receive the sort of care and support you would have provided had you not become incapacitated or passed away. A Pet Trust allows you to leave money to provide anything and everything from vaccines, toys, vet visits, training, daycare, grooming and other aspects of home life.
It is characterized as:
It is valid during the pet owner’s life and after death
It controls the disbursement of funds
It allows for investing the funds for future growth of the Trust
It ensures that the owner and the pets remain together during life
It can provide for a Trustor, Trust Protector, Trustee and Caregiver