What will happen to your horse if something happens to you? It’s important to decide who will make decisions on your behalf if you are sick.
Legally, horses are considered property like cars and homes. Are your beneficiaries, spouse, children or other heirs willing or knowledgeable enough to manage them. Horses are also a big financial responsibility. Funds will likely be needed to cover temporary or permanent costs for your horses, including board bills, shoeing and health care. Having a trust or power of attorney in place to clarify available resources can help.
Equilaw knows the unique needs you have with equine estate planning. Start today with your initial consultation.