Compare the Pet Trusts: Pros & Cons

 
 
In the Will Attorney writes from Scratch Pet Protection Agreement
Pros
• Easy: one sentence does it

Cons
• Must wait for the reading of the Will
• Not enforceable during the pet owner’s life
• Valid only after the pet owner’s death
• Instructions are not binding
• Can’t guarantee to keep pets together
• Not signed by the pet guardian
• Doesn’t ensure funds are used for animals
• Various parts are valid in various states at various times




Pros
• May be enforceable during the pet owner’s lifetime
• Care instructions are binding
• May keep pets together
• May be signed by a pet guardian
• Must include funds

Cons
• Must pay a private attorney
• Various parts are valid in various states at various times
• May not include unnamed or future animals




Pros
• Pet owner or friend can complete without an attorney
• Simple & affordable
• Legal in all 50 states
• Does not vary from state to state
• Valid during the pet owner’s lifetime
• Valid after the pet owner’s death
• Instructions are binding and enforceable
• Includes all pets now and in the future
• Keeps Pets Together - if you wish
• Standard of care is ongoing and includes all and futures animals
• Identifies the who the owner is
• Signed by the pet guardian
• Funds are optional
• If funds are included, they must be used as directed
• May leave unlimited funds
• Beneficiaries named