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Making room in the will for Fido and Fluffy

Pet owners are finding ways to make sure their pets receive proper care after the owners die.
/ Source: The Associated Press

Pet owners are finding ways to make sure their pets receive proper care after the owners die.

About half of the states have laws allowing pet owners to set up trusts or bequeath money to their furry friends.

Pet owners have also found other ways to bequeath money to their pets. Some give money to a person with the understanding that he or she will care for the pet.

The University of Minnesota College of Veterinary Medicine has what it calls the PerPETual Care Program. Pet owners pay a one-time enrollment fee and make a minimum 25-thousand-dollar charitable bequest to the college. If the person dies before their pet, the college will find a foster home for the animal and cover the cost of medical care and food for the rest of its life.

Another organization, called Pet Estates Incorporated in New York, offers lush, private condos for animals whose owners have died.