Don’t Forget Fluffy and Fido in Your Estate Plan!
Does your pet deserve $12 million? Leona Helmsley thought so when she left her dog Trouble $12 million after she passed away. While you might not have $12 million to leave to your pet, you don’t have to be a millionaire to want the best for your pets if you become ill, disabled or pass away. Since 62% of all U.S. households have at least one pet, this is a big issue that affects many Americans and their furry family members.
Lots of us consider our pets to be members of the family. Why? Pets enrich our lives. And, studies have shown that owning a pet provides a number of health benefits. First, they provide companionship that is so crucial for us humans which may lead to greater psychological stability. Studies show that this may offer some protection from heart disease. People with high blood pressure who own a dog or cat may have lower blood pressure readings in difficult situations than non-pet owners. Overall, the impact of stressful situations takes more of a toll on non-pet owners than pet owners. Pet owners actually make fewer doctor visits and ultimately have lower health care costs. And, pet companionship can combat loneliness and depression.
It’s easy to see how pets become treasured members of the family. Just like your other family members, you love your pet and provide it with food, water, a nice place to sleep and medical care. But have you thought about what would happen to your pet if you become ill or pass away? Who will take care of your pet? How will your pet’s expenses be paid? How can you make sure that your pet is left in the best possible care? With a Pet Trust from the Neal Law Firm, you can rest assured that your furry and feathered family members are in good hands and well taken care of after you’re gone.