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This month, we are highlighting how to thoughtfully plan for the care of a pet as part of your estate plan.

For many of us, pets are family, and a pet trust is a simple way to ensure they’re always cared for.

A pet trust is simply a clause that can be added to your existing estate plan—by including provisions in your revocable living trust, we create a small trust specifically for your pet.

In this video, Blaine shares how easy it is to plan for your four-legged friends.



Have a question about pet trusts? See options below for additional support.

Transcription



Today, we're going to talk about pet trusts.

A pet trust really isn't a trust set aside for your pet, but it makes sure that you have provisions in your trust to take care of your pet if anything happens to you.

Here in Orange County, pets are a big deal with most families. Are you taking into account your pet in your estate plan?

What happens if you're unable to take care of your pet, or if you pass away?

Will anyone be willing and able to take care of your pet for you? It's a very important question, and it's one that needs to be addressed. Unfortunately, it's also overlooked in a lot of estate planning. So, how do we take care of this?

We add provisions to your revocable living trust that create a small trust for your pet. In this trust, we state who takes care of your pet physically. We set aside a certain amount of money for your pet.

And then we say how those assets are to be used, and then you can have a residual beneficiary—meaning once your pet has used up what it needs from the pet trust or your pet passes away, the assets can then go to the other beneficiaries. Those are the main decisions that you have to make with any pet trust.

So if you have a pet or furry friend in your home and you want to make sure that they're taken care of,

Make sure that you talk to your estate planning attorney when you're creating or updating your estate plan to have a pet trust or provisions for your pet added to your revocable living trust.

Advanced Estate Planning Tips for Business Owners

Paolo Quiroga, CFP®, CEPA®, founder of Maven Group Investment Strategies, sits down with Blaine Burch, founder of BHR Law Group, to discuss advanced estate planning, succession planning, and asset protection strategies tailored for business owners, entrepreneurs, and high-net-worth individuals.

Blaine shares his unique perspective, shaped by growing up in a family business and his extensive experience in tax law and estate planning. Learn how to protect your company’s legacy, minimize taxes, and ensure a smooth business transition to the next generation. Whether you’re planning your retirement, preparing to sell your business, or simply want to secure your wealth, this episode offers actionable insights to help you build a strong financial foundation.

We post new blogs, videos, and educational content regularly.

This allows you to stay up to date on everything related to estate planning including new, important changes in the law.

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For Additional Support:

If you have general questions, there are three easy ways to connect with us—we love engaging with and educating our clients! If you’ve created an estate plan or LLC with us, we’re here to support you with basic trust funding and trust management, usually at little to no charge.

When You Require the Next Level of Support:

Meet with the attorney to make sure your estate plan is properly being managed.

Estate Planning Protection and Maintenance Program includes an annual family meeting to review planning with your family, trustees, and agents; Discounted hourly work for updates to your foundational documents; No charge phone calls with a Paralegal for questions about funding and real property transfers; Creation of Bank Letters upon request from you; Access to Ongoing Educations through emails and professional presentations. Flat fee: $350

• Foundational Estate Planning
• Business Succession Planning
• Tax & Protection Planning
• Trust & Probate Administration