Pets are an essential part of your family, so it is a good idea to plan for events in which they outlive your ability to care for them. These plannings include financial considerations and shelter for your pet. Some of the steps that pet owners make are to file veterinary directives, assign someone the rights of being the beneficiary of the pet, or creating a trust for your pet. It is a good idea to plan this ahead of time and sometime legal help is needed.

Read more: Planning for Pets

Estate planning is such an important topic. Many people don’t have a will in place, but for those who do, their wealth usually goes to family. What happens when a person doesn’t have children that they can will their fortune too? It’s is advised that they set up a will that will donate that money and assets to a charity that they feel closely tied to. It might also be a good idea to start gifting some of that while you are alive so you can see the benefits of your labor.

Read more: Planning your estate when you have no children or heirs – CNBC