Pet Trusts in Tough Times

Posted on March 19, 2009 by Danny Meek

Yesterday, a reader responded to a previous post that had expressed opposition to the newly offered statutory pet trust in the state of Connecticut.

The new response to the legislation is below:

   "The economy is a major reason why people should be worrying about things like the care of their pets after they are gone. If everyone else is hurting financially then they cannot depend on friends and family to just willingly care for their animals. As I understand it, a pet trust will pay for the care of the animal instead of adding an additional burden on another person. Whether or not the statute is a priority at this time. It needs to be done. It is part of the whole picture."

Let us know your thoughts on this subject…do these tough economic times change your comfort level for your pet’s future?
 

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