Leaving money in a will for your furry friend isn’t just for eccentric billionaires anymore. Yes, billionaire Leona Helmsley did leave US$12 million to her Maltese, but more everyday and average people are leaving normal amounts of money to care for their pets after they themselves pass away. In Canada, you can’t leave a direct inheritance to your pet, but you can create a pet trust with clear instructions in your will for a trustee to manage the funds. To set one up, first pick a reliable trustee who understands the responsibilities. Since your pet can’t enforce the trust’s terms, it’s smart to appoint another person as a guardian to care for the pet and make sure everything goes according to plan. Then, use an online calculator to estimate how much you’ll need to put aside based on your pet’s life expectancy, annual costs, and potential medical expenses as they age. After it’s all set in stone, you can rest in peace knowing that your bestie will be taken care of.