There are many seniors that have no family – or very little family left – to leave their estate to. Even if there is an abundance of family, many seniors want to ensure the welfare of their pets should they be left behind.
In the United States alone, there are 43.5 million dog owners and 37.7 million cat owners and 30.5 million owners of other such pets. Since pets provide constant love and companionship for the elderly, people are very connected to their pets! Two-thirds of the United States’ population considers their pet a part of their family, so it is only expected that they would still want to provide their care if they should be separated by death.
What happens though if the senior does not have the funds to leave to the pet, they don’t want to see their pet go to a loved one, or do not want death to separate them so they plan on euthanasia if anything happens to them? Well, guess what, there is law established in Illinois that may provide a possible solution to at least some of these questions.
As the week goes on, we will look at each aspect of estate planning; short-term and long-term. We will concentrate on the suggestions and help that is available out there.
As an elderly caregiver, I feel it is only right to present options to those that I care about. After all, With Age Come Respect. I believe in that motto and will do what I can to live it in every aspect of what I do!