insureyourhorse.com Blog – Equine Insurance Specialists

Understand Mortality Insurance Before You Buy

By Julie I. Fershtman, Esq.Posted on December 20, 2017Posted in Equine Mortality Insurance, Julie Fershtman

The horse industry, as a whole, spends millions of dollars each year on mortality insurance. Mortality insurance is often compared to life insurance, although there are several important differences. Generally, mortality insurance is designed to pay a sum of money in the event that an insured horse dies or is stolen. Of the large numbers[…]

Avoiding the “Attractive Nuisance”

By Julie I. Fershtman, Esq.Posted on December 20, 2017Posted in Equine Law & Legal Planning, Julie Fershtman

Trespassing children are any horse facility’s nightmare. Children cannot read warning signs. They are capable of climbing over or crawling under fences. Can the law impose certain responsibilities on horse facilities to protect young children who trespass on your property? Yes. Most states across the country have adopted the “attractive nuisance” doctrine. Unlike the typical[…]

Essential Clauses for a Strong Horse Boarding Contract

By Julie I. Fershtman, Esq.Posted on December 20, 2017Posted in Equine Law & Legal Planning, Horse Purchases, Ownership & Property, Julie Fershtman, Liability Insurance & Risk Management, Waivers & Equine Contracts

Strengthen boarding agreements by clearly addressing services, fees, late payments, veterinary care, liens, insurance, termination, and liability.

Employee or Independent Contractor? A Guide for Equine Businesses

By Julie I. Fershtman, Esq.Posted on December 20, 2017Posted in Equine Law & Legal Planning, Horse Purchases, Ownership & Property, Julie Fershtman, Liability Insurance & Risk Management

Review the practical and legal factors that determine worker status and affect taxes, workers’ compensation, and liability.

Nuisance Claims That Can Threaten a Horse Farm or Stable

By Julie I. Fershtman, Esq.Posted on December 20, 2017Posted in Equine Law & Legal Planning, Horse Purchases, Ownership & Property, Julie Fershtman, Liability Insurance & Risk Management

Learn how manure, odors, noise, flies, runoff, and neighboring land uses can lead to costly nuisance claims.

Volunteers Enjoy New Protection

By Michael Beethe, Esq.Posted on December 20, 2017Posted in Equine Law & Legal Planning, Farris Law Firm, LLC

Most horse organizations depend heavily on volunteer support. Whether it is a national breed organization, local 4-H club or trail riding group, volunteers are key to the organization’s existence and success. Yet a recent Congressional study revealed that volunteerism was steadily declining. The cause? A smattering of lawsuits against volunteers and the resulting spotlight on[…]

Stallion Syndication: Sharing Ownership of a High-Value Breeding Horse

By Denise Farris, Esq.Posted on December 20, 2017Posted in Equine Law & Legal Planning, Equine Mortality Insurance, Farris Law Firm, LLC

Learn how syndication can divide a stallion’s purchase price, breeding rights, expenses, management responsibilities, and financial risk.

Tax Exempt Organizations Can Pay Tax

By Denise Farris, Esq.Posted on December 20, 2017Posted in Equine Law & Legal Planning, Farris Law Firm, LLC

Many tax-exempt organizations assume that their tax-exempt status eliminates the potential for tax on all forms of income they may generate. Exempt organizations beware. Activities you are involved in may be identified by the Internal Revenue Service as unrelated business taxable income (UBTI) which is subject to tax.