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Hairy Heirs ~ Pet Bequests March 17, 2019

Posted by nrhatch in Animals, Life Balance, People.
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Want to set up a kitty for kitty?

This article on the ins and outs of setting up a pet trust may be of interest to the animal lover in you:

What’s In The Kitty?  Pet Bequests Aren’t Only For The Rich And Famous

Special considerations apply if your pet has a l-o-n-g life expectancy, like a tortoise or a parrot.

Knowing your beloved pet(s) will be cared for however long they live may provide you with the peace of mind you need to breathe easy right here and now!

Aah . . . that’s better!

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Comments»

1. Ally Bean - March 17, 2019

Well that’s a new one. Difficult to know how I feel about that. Good idea, maybe? Whatever works, works.

nrhatch - March 17, 2019

In many cases, informal arrangements work. In others (see Tippy’s comment), pets lose out because they don’t know any good lawyers and don’t understand their legal rights.

2. Tippy Gnu - March 17, 2019

Sounds like it could work, if you find the right person to take care of your pet. We know one old lady who left her house to her daughter, on condition she take care of her dog. Within about a month after the daughter got the house, she took the dog to the animal shelter. So these sorts of arrangements can be tricky.

nrhatch - March 17, 2019

No wonder Austin didn’t want to stay here ~ he didn’t have AI (Artificial Intelligence) . . . he had RI (Real Intelligence)!

3. Jill Weatherholt - March 17, 2019

I think I’ve heard it all now. People leaving large sums of money to their pets…strange. Why not leave it to a shelter or someplace where the money could be put to use to help more animals?

nrhatch - March 17, 2019

Good point, Jill. The size of those pet bequests boggles the mind. While I would want my pet to be cared for, donating the money to animal shelters seems like a wonderful idea.

4. Debra - March 17, 2019

I’ve had to consider who in the family is best prepared to take on the responsibilities of Darwin, our Sulcata who could live another 35 years or more. We all kind of laugh about that sometimes, but it’s a real consideration. Fortunately, his care isn’t at all expensive. Space is a consideration, however. LOL! I cannot imagine leaving large sums of money to a pet, no matter what. I guess I shouldn’t judge others here, but I agree with Jill, and think that animal shelters and foundations could so much better use that money.

nrhatch - March 18, 2019

I had Darwin in mind when I typed tortoise . . . 😀

Making arrangements for our pets (including passing along enough money to cover their care) makes sense. But animals need LOVE not millions of $’s. So I concur with you and Jill.

5. rivergirl1211 - March 18, 2019

To be honest, that’s always been one of my fears. What will happen to my pets after we’re gone… I know it sounds crazy, but I can understand someone doing it.

nrhatch - March 18, 2019

If a pet owner has pet lovers in the family, informal arrangements will likely suffice. But, as Tippy noted, sometimes people agree and then renege. If we suspect that might happen, a more formal arrangement may be called for.

In either event, most animals don’t aspire to become millionaires. The notable exception: Scrooge McDuck!

6. L. Marie - March 18, 2019

Makes sense, particularly people who have pets that live a long time (like parrots).

nrhatch - March 18, 2019

Agreed! It’s sad when a beloved pet gets “lost in the shuffle” after someone dies.

7. Behind the Story - March 19, 2019

I know people who worry what would happen to their pet if they died. They not only want their pet to be cared for but also to be loved.

nrhatch - March 19, 2019

Absolutely! And those are MY kind of people! 😀

8. anotherday2paradise - March 29, 2019

Now you’ve got me wondering about my goldfish, Nancy. 😀

nrhatch - March 29, 2019

Good luck figuring out how to “provide” for them if they outlive you and your hubby.

anotherday2paradise - March 29, 2019

🤣


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