Estate planning can be a very involved process, and its importance cannot be overstated. Your legacy is going to represent your final act of giving to those that you love the most, and of course this is a very delicate financial matter that must be handled with the utmost care. But in addition to this, it is also an affair of the heart because you can’t help but consider what your absence is going to mean to your family members on an emotional level as well.
When you are consumed by all of the important aspects of estate planning, it can be easy to overlook some of the smaller details. There are those who don’t make any provisions for their pets because they simply don’t think about it, and there are others who assume that they will outlive their pets so it is not necessary. The reality is that if you want to be absolutely certain that your pets are well cared for after you pass away you must take action and include them in your estate plan.
Noted fashion designer Alexander McQueen certainly did not forget about his pets when he was expressing his wishes. McQueen took his own life last year, and he left behind three beloved dogs named Callum, Minter, and Juice. He wanted them to be able to enjoy the rest of their lives to the fullest after he was gone, and he was quoted as having said that his pets were the only beings that he fully trusted.
McQueen left almost $82,000 for the animals’ care, so they will certainly be wanting for nothing except perhaps the companionship of their previous owner. In a further show of just how much McQueen cared about animals, he also left bequests of approximately $162,000 to a pair of different charities that are dedicated to the welfare of animals.
Latest posts by Alan Augulis, Estate Planning Attorney (see all)
- Trust Administration 101 for the First-Time Trustee - August 23, 2018
- Do I Need a Medicaid Planning Attorney? - June 11, 2018
- Can an Incapacity Planning Attorney Help Me Plan for the Possibility of Alzheimer’s? - May 1, 2018