201.488.8200    201.488.5556   Directions

Americans Love Their Pets

Americans Love Their Pets

10 December 2015

WealthManagement.com -Trust and Estates

Protecting Pets:  Americans love their pets. The size of the U.S. pet market is a testament to this devotion. The American Pet Products Association estimates that Americans in 2014 spent $58.04 billion on their pets, which was more than three times the amount spent in 1994. Sixty-five percent of all U.S. households own over 300 million pets.1 As many of your clients may consider their pets to be valued members of their families, the initial estate-planning conference with a client should include a discussion. MORE