If your home is like the majority of Canadian households, chances are you have one or more pets. Given the sheer number of animals taking up room in our homes and how these creatures manage to take up room in our hearts, too, it's no wonder that we often consider them to be more than pets; they are family members. So what can you do to ensure these precious companions are cared for?
This kit answers that question as well as others, such as:
. How can you ensure care for the non-human members of your family if you become incapacitated or pass away? Can you leave your pet in your will, or leave money for it in a trust?
. What if you go through a separation or divorce; who gets the dog?
. How can you make sure your pets are taken care of, no matter what happens?
Pet care is now about so much more than just walking, feeding, and visiting vets. Relationship and estate planning with pets in mind is a growing area as more people think about what to do for their dogs, cats, and other animals after they're gone. This information will help you prevent issues and move forward knowing you've done all you can for your pet.
Includes sample pet care clauses for wills, separation agreements, cohabitation or prenuptial agreements, and powers of attorney.
Reihe
Auflage
EPUB Version of 1st Edition
Sprache
Verlagsort
Editions-Typ
Dateigröße
ISBN-13
978-1-77040-550-9 (9781770405509)
Schweitzer Klassifikation
Jeffrey (J.P.) McAvoy JD/LLB practices corporate and commercial law and works with financial, insurance, and accounting advisers to provide tax, trust and estate planning advice to entrepreneurial clients and professionals, including those who care deeply for their pets and want the best for them. McAvoy is also a best-selling author and host of the top-rated podcast The Millionaire's Lawyer.
1 INTRODUCTION 1
1. We Spend a Lot on Our Pets 1
1.1 Canadian pet spending statistics 2
1.2 How much does pet care cost? 2
2. Pets Are Good for Our Mental and Overall Health 3
2.1 Companionship and emotional support for lower
levels of depression and anxiety 3
2.2 Stress reduction, mindfulness, and relaxation 3
2.3 Routines and physical activity can lead to better
human health 3
3. So What's This Book about? 4
2 BRINGING HOME YOUR PET 5
1. Pet Proofing Your Space 5
1.1 Secure hazardous items pets could ingest 6
1.2 Keep trash where it belongs 6
1.3 Keep your cupboards, drawers, entrances and
windows safe 6
vi Canadian Pet Will & Legal Care Kit
1.4 Ensure toys are safe and items you don't want played
with are tucked away 6
1.5 Don't forget to secure furniture and hide electrical cords 6
1.6 Offer safe spaces instead of unsafe hideouts 7
1.7 Careful with open flames 7
1.8 Outdoor supervision may be needed 7
2. Getting Used to Each Other: Transitioning a New Pet
into Your Home 7
2.1 Prepare your home 7
2.2 Gather supplies 7
2.3 Visit the veterinarian 7
2.4 Establish your routine 8
2.5 Introductions, bonding, and socialization 8
2.6 Training 8
2.7 Ongoing exercise and care 8
3. Naming Your New Friend 9
4. City Licenses 10
4.1 Identification 11
4.2 Public safety 11
4.3 Population control 11
4.4 Revenue generation 11
5. Veterinary Care 11
6. Pet Health Insurance 12
6.1 Financial preparedness and risk tolerance 12
6.2 Breed, age, and pre-existing conditions 13
6.3 Coverage options 13
6.4 Pet travel insurance 13
3 HOW DO YOU PROACTIVELY PREVENT ISSUES? 15
1. Cohabitation Agreements 15
2. Prenuptial Agreements 17
3. Pet Care Clause(s) in Cohabitation or
Prenuptial Agreements 18
Contents vii
4. In Case of Emergency (ICE) Form 19
4 WHAT HAPPENS TO YOUR SHARED PET IF YOU
SEPARATE OR DIVORCE? 45
1. Separation Agreements, Divorce Agreements 45
5 HOW DO YOU ENSURE YOUR PET IS TAKEN CARE
OF IF YOU DIE? 61
1. Wills 62
2. Trusts 64
6 WHAT IF YOU BECOME INCAPACITATED BUT DO
NOT DIE? 71
1. Powers of Attorney, Living Wills 71
1.1 Living will (advance healthcare directive) 71
1.2 Power of attorney for personal care 72
1.3 Key differences between a power of attorney
and a living will 72
7 CONCLUSION 77
GLOSSARY 79
SAMPLES
1 Cohabitation or Prenuptial Agreement with Pet Care Clause 20
2 ICE form with Pet Info 34
3 Separation Agreement with Pet Care Clause 48
4 Basic Will with Pet Care Clause 66
5 Enduring Power of Attorney with Pet Care Clause 74
