Contact Us

  Hello to all D.A.S. members,

 I have been a member of the D.A.S. for just over a year now. I am owned by three cockatiels, a feisty Meyer’s parrot and a Double Yellow Headed Amazon. As you all know, the lifespan of some birds are long, possibly 50, 60 years or more. The Financial Consultant in me got thinking, “What if my pets outlive me.” I started researching if other parrot owners thought the way I did, if they cared as much about their pets as I did.

 I found that in the U.S. pet owners were setting up trusts for their birds; in fact it has become a common practice there. In Canada, it is still relatively new. Here is how it works:

 Basically you have someone you trust take responsibility for your pet when you are unable to do so.  With the obvious costs that we all know are incurred and the time the new owner will need to invest in the care – you put aside a lump sum of money that will be dedicated to the ongoing care of your pet for the rest of the pet’s life.  This may be done with current cash assets or if none are readily available then a life insurance policy can be purchase with the trust as a beneficiary.

The attached article will explain the concept in more detail, and if anyone wishes to explore this idea further, I would be more than happy to help.

Sincerely,

Michelle Vendetti

Investors Group

Financial Consultant

(905) 434-8400 Ext 254

(905) 999-6939 Cell

The current Internet Explorer version is 6.0 available here.
The current Netscape version is 7.0 available here