The Importance of Involving an Equine Lawyer in Buying/Selling Transactions
Not everyone was happy on January 2 when President Obama signed into law the American Taxpayer Relief Act, notably those whose first 2013 paychecks were smaller than the ones they’d received in 2012. However, many thoroughbred owners and potential buyers raised a toast, as the act enabled favorable provisions that had expired at the end…
What Should Be In a Horse Breeding Contract?
Regardless of which end of the party you are on when it comes to horse breeding, it is vital to have a breeding contract written up. The parties of a breeding contract include the owners of the mare and stallion, who should both work to execute the contract. Too often, people rely on oral communication…
How an Equine Lawyer Can Benefit You
Whether you’re buying or selling, tax planning, building a contract or agreement, or are settling a dispute related to the horse industry, a lawyer experienced in equine law can help benefit you. What is equine law? Equine Law includes all legal aspects of the horse industry and horse-related business, such as buying and selling; breeding;…
Proper Liability Releases in the Equine Industry
Releases of liability are also known as waivers and are usually the most important, yet misunderstood documents in the equine industry. Most states, including California, enforce liability releases and it’s important that the release is properly worded and signed, in case it ever must hold up in court. Below are a few problems that are…