Leona Helmsley, real estate mogul and hotelier, was the subject of headlines after she left her 12 million dollar will to her dog. Although most Americans cannot leave millions of dollars to their pets, it is important that people plan for the long-term care of their pets.
Americans may find themselves in a difficult position to care for their pets due to military deployments, moves and hospital stays. Responsive pet owners can take steps so that their pets receive the best care possible. Here are some tips to help pet owners:
Keep records. It can be very difficult to lose an animal. However, keeping records can speed up recovery. Also, records can help vets and new owners provide better care.
Recent photographs of the animal should be included in your files. This will help animal shelters identify your pet. Also keep records of pets’ vaccinations.
Some services can help you track information about your pets. The Estate Vault, an online program that assists users in consolidating everything from medical histories to marriage licenses, has a section that includes information about pets. The online estate-planning software program, The Estate Vault, allows users to keep the information of their pets in a secure digital format. The Estate Vault can also be used to help users plan for pet care through their wills. Digital files are more secure than paper documents which can be destroyed or lost by fire or water damage.
Be prepared for anything. At least two people should be able to take care of your pet in an emergency. You should give your emergency caretakers the following information: your pet’s feeding and care instructions, your veterinarian’s number and any information about permanent care plans.
Formal arrangements should be made. To create a will for your pets’ long-term health and care, consult an attorney. After finding someone willing to take over your animal’s care, you can formalize the agreement as well as the amount of money you will be giving.
Visit The Estate Vault website for more information. www.estatevault.com. Estate Vault trades on NASDAQ OTC under symbol TEVI.
