Things to consider when putting pets into your will
It's common to not only specify whom you're leaving your pets to but also to leave some money - specific amounts or a percentage of the estate - for the animals' care. (The cost of caring for a dog over a 10-year period is estimated to be about $15,000; for a cat, $10,000.) If you set up a trust, the trustee would distribute your money to the person you've selected as the pets - guardian or manager.
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