Pet Protection Arrangement
What's the difference between a SmartTag PetCare Protection Arrangement and a Pet Trust?A Pet Protection Arrangement, Like a Pet Trust is a legal document used to ensure that your pets are fully cared for and protected in case you should become ill, not be able to keep or take care of your pets, or pass away. The difference is that a Pet Trust is a more formal and costly document that is normally prepared by an attorney who specializes in estate planning and has experience in pet trusts. Pet trusts are normally used when a substantial amount of money is being left to care for the pets or they are very high profile. A Pet Protection Arrangement is all the protection most pet owners need to ensure proper care and safety for their pets.
| Documents | Statutory Pet Trust | Pet Trust | PetCare Protection Arrangements |
| Legal in all States | NO | YES | YES |
| Affordable, can be created without ann attorney | NOT USUALLY | NO | YES |
| Enforceable during Pet Owner's lifetime | NO | YES | YES |
| Binding care instructions | NO | YES | YES |
| Service, Medical providers & Community of care | NO | YES | YES |
| SmartTag Pet ID tag with online pet profile | NO | YES | YES |
| Keeps pets together | NOT ALWAYS | YES | YES |
| Signed by Pet Guardian so as to confirm agreement | NO | YES | YES |
| Can be created without trust funds | YES | NO | YES |
| Any funds must be used for pets | NOT ALWAYS | YES | YES |