In today’s world, pets are more than just animals – they’re beloved family members. As financial advisors and institutions, it’s crucial to recognize the growing importance of pet care in estate planning. Our platform offers a seamless way to create pet trusts, ensuring your clients’ furry friends are cared for even when they can’t be there.
Why Pet Trusts Matter More Than Ever
Pet ownership in the U.S. has surged, with approximately 70% of households owning a pet, according to a 2023-2024 survey conducted by the American Pet Products Association (APPA). As more families welcome pets into their lives, informal pet care arrangements no longer provide sufficient security. Without a plan, many pets face abandonment, ending up in shelters. In fact, the ASPCA reports that approximately 1 million pets are euthanized each year due to a lack of homes or care.
Legally binding pet trusts provide the peace of mind that pet owners need, knowing their animals will receive proper care according to their wishes. Pet trusts secure financial provisions for everything from daily care to veterinary expenses, and owners can specify detailed instructions to ensure their pets maintain their accustomed level of care. Offering solutions like pet trusts is essential for any comprehensive estate plan to ensure the safety and well-being of pets, preventing them from being left in precarious situations.
Unique Support with ASPCA Pet Care Calculator
What sets our platform apart is the inclusion of the ASPCA’s pet care calculator, which simplifies the process by providing cost estimates for pet care. This feature relieves clients from having to come up with figures on their own, ensuring they allocate the appropriate funds for their pets’ needs. By offering precise estimates, advisors and clients can create more accurate and effective pet trusts.
Why This Feature Is Essential
Integrating pet trust creation into your estate planning services isn’t just a trend—it’s a necessity. With the growing number of pets being considered family members, offering this service demonstrates a commitment to addressing every aspect of your clients’ estate needs. Without this option, your clients may feel their plans are incomplete and seek services elsewhere that accommodate their pets.
Our platform simplifies the pet trust creation process, ensuring that financial advisors can easily offer this critical service. The efficiency of our customizable templates, combined with the ASPCA pet care calculator, means you can add pet trusts to your offerings without significantly increasing your workload.
Unlock New Opportunities
By offering pet trust services, you not only help clients protect their pets but also open new doors for your practice. The growing demand for pet-inclusive estate planning creates new revenue streams, stronger client relationships, and differentiation in a competitive market. Don’t miss the chance to enhance your services with this increasingly necessary feature.
Ready to take your estate planning services to the next level? Contact us today for a demo of our pet trust creation feature – complete with the ASPCA pet care calculator – and offer truly comprehensive estate planning for every family member, furry ones included!