Estate planning is important for those in Maryland who have children or other heirs and beneficiaries. Much thought may be put into ensuring that a person's children are taken care of financially. However, what about other important familymembers -- our pets? How can estate planning address the needs of a person's pets after that person dies?
Fortunately, it is possible to create an estate plan that addresses the best interests of your pets. What type of information should such documents include? First of all, if the pet is on any medication, this must be made known. This is especially important to do early on, because once a person is incapacitated or passes away that important information may not be communicated. In addition, it is important for the pet's veterinary records to be made available. This includes not only information regarding preventative care, such as vaccinations, but also the pet's medical history.
Furthermore, arrangements should be made regarding who will take care of the pet, both temporarily if necessary or if the owner passes away. If the pet is to reside with another person, it is important for the pet to meet that person ahead of time. In addition, it is possible to allocate funds in an estate plan to take care of the pet. Whoever will be caring for the pet will also need information about the pet's daily life, such as what type of food the pet eats, along with information about the pet's personality.
Pets are an important part of the lives of many Maryland residents. Taking good care of pets is a responsibility. This can include having a plan in place should the pet owner pass away. By having a comprehensive plan in place that addresses such situations, pet owners in Maryland can ensure their pets will be taken care of.