When Couples Divorce, Who Gets Fido? 'Pup Nups' Can Help

COVID-19 stay-at-home orders have some side-effects: Pet adoptions are up ... and divorces soon may be, too. This highlights the need for "pup nups," specially written prenups with our furry friends' best interests at heart.

Thanks to sheltering in place during the coronavirus crisis, many animal shelters are empty these days. The pet adoption boom we are currently seeing is heartwarming, and a silver lining to the more anxiety-producing aspects of COVID-19. However, as families expand by welcoming a new furry friend, they need to do more planning than just figuring out how to manage vet visits and provide animal socialization in a world that requires social distancing.

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Stacy Francis, CFP®, CDFA®, CES™
President & CEO, Francis Financial Inc.

Stacy is a nationally recognized financial expert and the President and CEO of Francis Financial Inc., which she founded 15 years ago. She is a Certified Financial Planner® (CFP®) and Certified Divorce Financial Analyst® (CDFA®) who provides advice to women going through transitions, such as divorce, widowhood and sudden wealth. She is also the founder of Savvy Ladies™, a nonprofit that has provided free personal finance education and resources to over 15,000 women.