Many people cherish their pets just as much as their human loved ones. Pets offer us unwavering love, loyalty, and companionship. But what happens if your pet outlives you? Fortunately, pet trusts are designed to provide for your pet’s care in the event of your incapacity or death. Since pets are legally considered property, you cannot directly bequeath money or assets to them. But you can establish a pet trust.

A pet trust is a legally independent entity that you, as the grantor, can use to specify how your pet will be cared for after you’re gone. You appoint a trustee like Altruist^™ to manage the trust, and you can designate a friend or family member to take possession of your pet and provide for its care—along with the necessary finances to pay for their care. You can also include a letter expressing your feelings and wishes for your pet. The trust can be structured to provide the pet’s caretaker with monthly payments or other incentives.

Establishing a legally enforceable pet trust is advantageous to ensure your furry or feathered companion continues to live comfortably after you’re gone. It is wise to work with an attorney and corporate trustee like Altruist^™ who can help you set up the trust to ensure your pet is properly cared for as long as they live.

Expert Trust Management That Provides Unmatched Caring and Compassion for You and Your Beneficiaries.

At Altruist^™, we are dedicated and care about the things that matter most to you. We’ll collaborate with your attorney to provide the guidance and expertise to create and then manage a pet trust that honors and respects your wishes and takes care of your beloved animal.