As a pet lover with two cats and two dogs, I understand how pets become part of the family. The law allowing pet trusts makes it easy to plan for the care of your pets if you become disabled or die. The pet trust became a law in Massachusetts on April 7, 2011. It allows the pet owner to legally make enforceable trusts which provide for the care of your pets.
The reasons to consider a pet trust are:
• If you have identified a caretaker for your pet and that person needs access to funds to care for the pet, but you do not want that person receiving all the remaining funds after the pets dies;
• If your life expectancy is shorter than your pet’s;
• If there is a concern about who would care for your pet if something were to happen to you;