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Showing posts with the label planning for life's eventualities

What happens to your pets if something happens to you?

Estate planning tips to ensure your pets are provided for  Our pets are a very big part of our lives. They keep us active, provide kisses and cuddles and are a source of endless smiles. And while we may not want to think about the ‘what ifs’, planning for your pets’ wellbeing if something should happen to you is crucial. It can make the transition for your pets easier, ensure that they don’t end up in a shelter (or worse) and will provide you with peace of mind that they will be cared for. Estate planning, which is part of a holistic financial plan, is crucial. Also crucial is ensuring that you have an updated Last Will and Testament in place. A Will is a legal document that states your wishes if something should happen to you. It takes your dependants, assets and liabilities into account and ensures that your loved ones are cared for when you are not able to.  “When I do an estate plan, I usually ask clients’ about their assets and liabilities, whether they have kids (minors) and pets