My Dog is Rich! So is My Cat!
What is the Meaning of Rich?
My dog is rich! My cat is rich! How you care for your pet enables them to have a rich life. But, having a rich life is different than being rich. A rich life is filled with good things you need or possibly want. My pets have a lot of toys and a variety of treats, go to the groomer, and eat top-notch quality food. They are loved as if they’re my children and I’d do anything to keep them healthy and happy. My pet care gives them a rich life. But, my pets are really rich because they also have a lot of money!
The Burning Question
How does a dog or cat have a lot of money? It’s simple! They have a Pet Trust. Since I love them like children, I often wondered what would happen to them if something happened to me. I’m a single woman with no two-legged kids. I have friends who are also getting older and don’t want to be tied down with pet care. They love my pets and have asked, “What will happen to your dog and cat if something happens to you?” Who would be available to provide pet care in that situation? They aren’t able to. I was at a loss until I started working for Edwin D Marks Animal Foundation who specializes in Pet Trusts! They had the answer to my “What if?” questions!
Your Pet Can Continue to Live a Rich Life
Pet Trusts are legal documents that are registered with the judicial system. The Trust outlines the pet owner’s instructions for pet care when the pet owner can’t provide the care anymore. The Pet Trust should give more than enough detailed information for future Caretakers to continue to provide my pets with the rich lifestyle they are accustomed to. That means they should continue to use the same pet care products, follow the same routines, and provide the same services: all the things that gave my dog and cat a rich life.
Trustee Controls the Money
A few people work together to provide pet care under a Pet Trust. First, you must choose a Trustee. This is the person in charge of the finances provided by the Pet Trust. When you prepare a Pet Trust, you need to develop a supporting budget so there is enough money to cover pet care, medical emergencies, and possible litigation if your pet were to cause any personal or property damage.
Budgeting for the Rich Life
Pet Budgets consider daily, monthly, and yearly pet care expenses. It also should include pet care-related expenses. This means that if you need a cleaning service to vacuum and clean your house because your pet sheds, that you include this cost in your budget. If your pet has accidents in the house, your budget should include the cost of a care cleaner. Perhaps your pet care includes bones that your dog likes to bury in the backyard. Your budget would also include the landscaping service that fills in the holes your dog has dug. (Click here to learn more about Pet Trust Budgets https://www.marksfound.rog/budget/)
Spreading the Wealth
Pet Care with a Pet Trust also needs to cover administrative fees. There needs to be money to cover the Trustee fees. Many pet owners also provide a stipend for the Caretaker in appreciation of the pet care they provide. All of these expenses must also take into account your pet’s life expectancy.
Giving Thanks to My Pet Trust
As a result, your Pet Trust will contain a large sum of money that makes your dog or cat rich! Actually, the money is used for pet care and is kept in a Trust Fund Account. But, people like to refer to their pets as being rich! After all, the Pet Trust is prepared to safeguard your pet’s future. It should keep your pet from being brought to a shelter or being euthanized. Instead, your rich pet will have a Trust Fund bank account to help guarantee pet care that enables him/her to continue living the rich lifestyle you have always provided. So, not only does your pet have a rich life that will continue, it has a large chunk of money designated for pet care. I am thankful for my Pet Trust!
