For many, pets are just as important as children. Yet few people consider what will happen to their animals when they pass away. Estate planning for pets ensures they’re cared for, even when you’re gone.
Pets as Legal “Property”
In the eyes of the law, pets are property—not people. That means without planning, they can end up in shelters if family members aren’t able (or willing) to take them in.
Options for Providing for Pets
- Pet Trusts – Legally recognized in most states, these set aside funds for your pet’s care, appointing a trustee and caregiver.
- Designated Caregiver in a Will – Naming a family member or friend ensures continuity of care.
- Charitable Pet Programs – Some organizations accept pets into lifetime care programs funded by donations or estates.
Famous Cases
Leona Helmsley’s dog famously inherited millions, but even modest pet trusts can make a big difference. Celebrities aside, many everyday pet owners now include pet clauses in their wills.
Why It Matters
Pets thrive on stability and care. By planning for their future, you ensure they don’t end up abandoned or neglected. Estate planning isn’t just about people—it’s about the family members who walk on four legs too.