Your pets are classified as property, meaning you can't leave them money directly. However, you can ensure their well-being after your passing.

While the joy of having a pet is immeasurable, the pain of losing them is profound. Pet owners typically outlive their furry companions, but that’s not always the case.

So, does your will need to mention your beloved pet?

“It’s vital for pet owners to think about their pets’ futures after their death,” states a Massachusetts attorney who specializes in trusts and estates. “A significant number of pets end up in shelters following the death of their owners.”

Some pets find new homes, but many do not, with shelters currently overwhelmed.

“Everyone faces unexpected challenges at some point, so it’s wise to be prepared,” suggests a communications director for companion animals at a major animal welfare organization. She recommends identifying at least two trustworthy individuals who can step in as caregivers and potentially adopt your pets if necessary.

Even with a designated caregiver, it’s smart to have a backup plan; circumstances can shift. If you obtained your pet from a breeder, consult your contract to see if you’re required to notify them if you can no longer care for your pet.

Understanding Ongoing Care Costs

Care for pets comes with costs, which can influence the type of care they receive.

If you have pet insurance, ensure it’s funded for at least the expected lifespan of your pet, accounting for potential cost increases. Remember, pets can develop chronic conditions that require treatment. Also, factor in routine veterinary visits and a little extra for inflation. If your pet is older, the next caregiver may not be able to obtain insurance. For instance, one provider offers lifetime coverage, but enrollment is limited to pets under 14 years old. Assess the rates for older pets and consider self-funding their care.

When budgeting, include not just health care but also food, toys, grooming, and occasional boarding. It can add up quickly.

Why Not Just Leave Money to My Pet?

Legally, pets are viewed as property. You could leave funds to the person who will adopt them for their lifetime care, specifying in your will that these funds should be used for your pets’ needs as you would prefer. However, this does not legally bind them to your wishes.

If you want to ensure your instructions are legally enforceable, consider establishing a trust. This gives you greater control over how the funds are utilized and what happens to any remaining money. Setting up a trust can be pricier, but it guarantees your preferences will be honored. A guardian looks after your pets while a trustee manages and pays the expenses.

Regardless of whether you include your pet in your will or set up a trust, it's crucial to document your intentions. Even without financial provisions, you can specify how you wish rehoming to be executed.

Can Someone Care for Your Pet Temporarily?

Your pet might need care even while you’re still alive. For example, my upstairs office became a temporary haven for a sweet old cat named Pookie, whose owner moved into an assisted living facility. At nearly 20 years old, her owner affectionately referred to her as “Old Faithful” because she would beckon him to bed when he watched TV too late.

During the seven months we had her, I didn’t cover any of her veterinary costs; her owner managed all expenses, and our vet kept a close eye on her health issues. My role was simple: feed her, show affection, and maintain her litter box. Falling in love with her was effortless.

Another cat might end up in a shelter, competing against younger, healthier kittens for a home. Unthinkable, right? I would have missed the joy of having this gentle companion. Don’t assume no one would want to help. Think it through.

If no one comes to mind, you still have alternatives. Pet Peace of Mind is a volunteer program that supports hospice patients by caring for their pets.

You could also reach out to local animal rescue groups to find temporary housing for your pet. Human Animal Support Services provides a database of affordable care solutions, including temporary placements.

Rehoming Options

If your chosen caregiver can no longer keep your pet, the Humane Society suggests using Adopt-a-Pet's rehoming program. This option allows you to select adopters and find a suitable home where your pet will feel secure. Rehoming is often less stressful for pets than being placed in a shelter.

Other rehoming avenues include posting on Petfinder or Get Your Pet, which connects individuals looking to rehome pets with potential adopters, says an adoption center administrator in New York.

“Provide as many details as possible when describing your pet to attract the best match,” advises the administrator. Include specifics about your pet’s diet, behavior, medical history, and what type of companionship they offer. The more detailed you are, the better chances you have of finding the right adopters for your pet.

“Resorting to a shelter should be your last option,” she adds. “Most shelters are at capacity, and some have waiting lists for incoming animals.”