Unlike a will, a trust can provide for your pet immediately and can apply not only if you die, but also if you become ill or incapacitated. That's because you determine when your trust becomes effective. When you create a trust for your pet, you set aside money to be used for his care and you specify a trustee to control the funds.

A trust created separately from your will carries certain benefits. The trust can be written to exclude certain assets from the probate process so that funds are more readily available to care for your pet. Additionally, it can be structured to provide for your pet even during a lengthy disability.