In addition to providing for expenses such as veterinarian bills, medication, food and house maintenance, Pet Estate Plans can also specify who will take care of the animals.
Estimated reading time: 0 minutes, 21 seconds
Americans Now Include Pets in Legacy Planning
Including provisions for pets in legacy planning through annuities, life insurances, or trusts has become popular. So reports Forbes.
In fact, 44% of pet owners have already inlcuded such provisions, according to a recent study by Securian Financial Group.
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