How Much Do I Pay the Caregiver in My Pet Trust?
How much should I pay the caregiver of my pet trust?
Betsy Naples, Florida
Betsy, this is a very good question and one that I cannot easily answer.
You obviously need to make some type of arrangement in your pet trust for payment to your pet’s caregiver.
The amount can vary greatly.
It depends upon the number of pets in the trust, the expected duration of the life off the pets, the relationship between you-the caregiver-and the pets and the expectations of duties and responsibilities that you place upon the caregiver.
The fee may be as small as a few dollars every week or can increase to several hundred dollars per month.
Remember, that no matter how much the caregiver likes your pets, it is still a chore for them to provide this service.
Discuss the potential caregiver fee with your attorney, pet panel and maybe even your trustee.
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