010 Pets Are Family, Too - Pet Planning with Peggy Hoyt

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Manage episode 154998906 series 1142608
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Even though for many, pets are as dear as children, the laws definitely don't see it that way. Unless you plan, your pet is no more important, legally, than a piece of furniture. That being said, Americans seriously love their pets! According to the American Pet Products Manufacturers Association, 63% of American households have pets. A survey conducted by the American Animal Hospital Association shows that 57% of pet owners say that, if stranded on a desert island, they would prefer their pet as their sole companion. In 2012, we collectively spent $53 BILLION dollars on pet care. Men spend, on average, more than women! 5 BILLION is spent on pet gifts! Despite the fact that we love our pets so much, most people fail to plan. This simple fact is part of the reason that it is estimated that approximately 3.7 million animals were euthanized in the nation’s shelters in 2008. Don't let this happen you your vulnerable loved one! Join me as I discuss pet planning with nationally renowned expert and author of All My Children Wear Fur Coats - How to Leave A Legacy For Your Pet, Peggy Hoyt, as she offers some great tips on how to properly plan for pets, and really gives perspective on why it is important -- even if you think that you "already have it taken care of." Read the show notes, and learn more: www.SmartPlanning101.com/10

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