Estate Planning for Pets

Often, pets are not included in estate plans. Make sure you carefully consider all of your pets’ needs and take the steps necessary to ensure that your pets’ caretaker has the financial capability to pay for the ongoing needs and care of your pet.

Pets cannot be named beneficiaries of money or property from your estate, but you have other options. A Last Will and Testament often lacks the structure to properly provide for your pets, but a living trust is generally an adequate tool.

A trust can designate someone to care for your pet, name someone to distribute money to the pet’s caretaker and stipulate charitable contributions to animal shelters. The amount of money set aside for pets depends on the type and number of pets. When your pet passes away, the balance of the amount can go back into the trust, or be given to a charity such as an animal shelter.

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The must-see panel of Intersolar North America (if you could only see one) discussed the most pressing issue in distributed solar today: What’s happening with net metering – and where does the industry go from here?

By Frank Andorka and Christian Roselund | PV Magazine At 9 am on Tuesday morning, one of the most important issues in the industry was being debated in a conference room as part of the Intersolar North America trade show: net metering. Across the nation, net metering policies are changing. The largest solar market, California, has moved to a successor policy, while other states including Hawaii and Indiana have shut the policy down entirely. READ ON: