One of the main questions we get from clients is if it matters what type of trust you complete. And the simple answer would be yes, it does matter! There are various avenues you can go down regarding trusts, and trying to understand which one will work best for you, your family, and your needs can be confusing. Here is an easy guide to help you narrow down your options. What are the different types of trusts you can complete? While you can choose from dozens of trusts based on your family’s needs, the two main trusts people tend to have questions about are revocable and irrevocable trusts. Each trust helps protect and distribute your assets once you pass away, but the stipulations and factors for each kind of trust vary. Revocable Trust These kinds of trusts are flexible because you can change one after it’s created. If you want to add more assets, change how your belongings are distributed, or make any other modifications, you’re free to do so at any time. Because you can make these changes, you’re still viewed as the owner of Does It Matter Which One Yo Revocable vs. Irrevocable Tru
When your children were young, you wouldn’t trust their care to any old babysitter, would you? Of course not! Now, your pets are no different. When you head out for a summer vacation, they deserve to be cared for by someone who will pamper and protect them the same way you would. The only problem is, who? Friends and Family vs. Professionals You may be tempted to ask your sibling, friend, or child to watch your pet. This can be a great solution because you trust them, and they’ve bonded with your furry friend already. But have you considered a professional? Some situations may call for a little more. Use these questions to help you decide: CHOOSE THE RIGHT SITTER FOR YOUR PET Your Family May Not Be Up to the Task!
• Will your friend or family member be able to visit your home regularly or stay there temporarily while you’re gone to avoid disrupting your pet’s routine?
• Does your pet have a disability or need to take medication that would be better handled by a professional?
Puzzle Time!
• Does your friend or family member know how to stay cool and react calmly in case of a veterinary emergency?
If your loved one is pressed for time or easily stressed, or your pet has medical needs, you may be better off working with a professional. How to Find the Right Pro When choosing a professional pet sitter, don’t start with the flier on the stop sign pole down the street (it was probably put up by a 10-year-old). Instead, call your pet’s vet, groomer, and/or trainer and ask if they can recommend a nearby pet sitter. You can also ask friends and family who are conscientious pet owners. Then, thoroughly check the sitter’s credentials and experience. Look for signs that they’re serious about their work, like certifications, insurance, and background check information, and set up an interview and meet-and-greet with your pet. If you can’t find a sitter through your network, consider online groups like the National Association of Professional Pet Sitters, Care.com, Pet Sitters International, Rover, or TrustedHousesitters, and use the same vetting strategy. For more help choosing a great sitter, visit HumaneSociety.org/resources .
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