Care for Your Pet From Beyond the Grave

"It's the peace of mind knowing you've done it in the right fashion," he says. "The whole concept of pet trusts has been a fairly recent development, but it's the same concept of wills and trusts in general: It's about respecting [the deceased's] wishes."

And don't forget -- all dogs go to heaven too. Outline what should happen to remaining funds, and Fido's remains, once he passes away as well.