slavetoabunny
Well-Known Member
Has anyone given any thought to whowould take care of your rabbits if something happened to you? Lastnight as I was watching Sparky and Scooter playing in the living roomand thinking about how much I loved them, I suddenly had the thought"what would happen to my girls if Pat and I were to die at the sametime?"
I've come up with a tentative plan. First, I set up a trust fund forSparky and Scooter and Pat and I each take out small life insurancepolicies ($5,000-$10,000 each) and make the trust the beneficiary. Iwould have a trusted family member as trustee. I would have to findsomeone I trust who would be willing to take the girls in the event ofour death. I figure a trust fund of that size would take care of alltheir needs for the rest of their lives. The caregiver would also get amonthly stipend for taking care of them. Whatever money was left in thetrust after the buns passed it would be donated to a rabbit charity.
Is that going a little overboard? What are your plans?
I've come up with a tentative plan. First, I set up a trust fund forSparky and Scooter and Pat and I each take out small life insurancepolicies ($5,000-$10,000 each) and make the trust the beneficiary. Iwould have a trusted family member as trustee. I would have to findsomeone I trust who would be willing to take the girls in the event ofour death. I figure a trust fund of that size would take care of alltheir needs for the rest of their lives. The caregiver would also get amonthly stipend for taking care of them. Whatever money was left in thetrust after the buns passed it would be donated to a rabbit charity.
Is that going a little overboard? What are your plans?