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North
American Equine Services, LLC
Specializing in Equine Litigation Consulting and
Horse Appraisals |
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-2008 Financials
-USEF
News
-USHJA Convention
-Supplying Info
-The "Agent" Trainer
-ICY's Column
-From our Readers
-About NAES
|
2008 FINANCIAL PREPARATION FOR YOUR HORSE BUSINESS |
(Photo courtesy iStock Photo)
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Beginning
each year means reorganizing your records and making
financial plans with your
CPA or trusted accountant.
In addition, make sure you have a short meeting with
your attorney to review not only wills and trusts but
address every conceivable liability issue.
It’s much better to plan now than get into a pickle
with the IRS or a litigious person. |
The
importance of keeping and verifying horse recording
documents is so important. Always make sure that before
you physically remove the horse from the seller’s
property that the proper papers are always included;
never wait for them to be “sent;” be tough
on this issue since without signed transfer papers on
breeding stock you may have just bought a “twelve
hundred pound lawn ornament.”
As your business grows year by year there will
just be more accumulated “stuff.” From an
inventory and insurance standpoint, you’ll need
to address values for show tack, trucks, trailers, farm
tractors and additional office equipment. From experience
I can tell you that in operating a training barn the
acquisitions are so often overlooked until a theft or
fire occurs.
A further suggestion would be to video your whole farm
plus all the equipment then store the disc or tape in
your safety deposit box. |
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-2008 Financials
-USEF
News
-USHJA Convention
-Supplying Info
-The "Agent" Trainer
-ICY's Column
-From our Readers
-About NAES
|
USEF
NEWS: DON BURT AWARDED USEF'S LIFETIME ACHIEVEMENT |
(Logo used with permission of the USEF) |
(Photo Courtesy of USEF, Lexington, KY) |
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NAES Advisory Board Member, Don Burt has won this
year’s USEF Lifetime Achievement Award.
Don received his award when presented at the USEF’s
convention just held in Louisville, KY., January,
2008.
Don has been a valued member of the NAES Advisory
Board of Directors for many years and we take pleasure
in congratulating a true horseman and friend.
The USEF is the National Governing Body of equestrian
sports for the United States and sanctions over 2300
horse competitions annually.
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-2008 Financials
-USEF
News
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-ICY's Column
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|
THE
UNITED STATES HUNTER & JUMPER ASSOCIATION |
(Logo Used Courtesy of USHJA, Lexington, KY) |
...Held its annual convention at the Point Hilton, Phoenix,
AZ, December 11 through 14, 2007.
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The
rule changes requiring use of a standardized bill of
sale and agent’s agreements were heatedly discussed
but were eventually voted down by the mostly professional
trainer membership.
With many breed and discipline groups discussing the
application of methods to protect the horse purchaser,
it should not be too long before there will be either
association or government mandated buy and sell requirements.
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-2008 Financials
-USEF
News
-USHJA Convention
-Supplying Info
-The "Agent" Trainer
-ICY's Column
-From our Readers
-About NAES
|
SUPPLYING
INFORMATION TO YOUR ATTORNEY OR INSURANCE CARRIER IS
SO IMPORTANT IN SETTLING YOUR CASE. |
(Photo courtesy iStock Photo)
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Whether a claim
against yours or another’s insurance company or
simply in supplying information to your lawyer on a
suit you’ve filed…make sure you explain
thoroughly and exactly your evidence. |
Remember,
most attorneys or insurance claims people are not nearly
as up to speed on horses as you; so go slow.
I have been presented with hundreds of cases where the
prospective client offers so many factoids that understanding
the case is all but impossible.
Always plan that a jury of non-horsey types will be
hearing your case and plan to give a clear explanation
of your position. |
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-2008 Financials
-USEF
News
-USHJA Convention
-Supplying Info
-The "Agent"
Trainer
-ICY's Column
-From our Readers
-About NAES
|
THE
"AGENT" TRAINER AS FIDUCIARY
Article
fromAttorney Lisa M. Spano, ESQ.
(Click
Here for the full article on the NAES website) |
(Photo courtesy iStock Photo) |
“Will you walk into my parlor?” said the
spider to the fly.
(A quote by British writer Mary Howitt).
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If
not careful, the web an agent weaves as a fiduciary
for his or her client can be a tangled mess. In my years
of equine law practice, the majority of phone calls
I receive concerning equine law matters are related
primarily to agents who have violated their fiduciary
duties to their clients.
If you are a trainer, here are two very simple
rules to live by:
1. NEVER sign a contract on
behalf of your client.
2. NEVER prepare a legal contract for your client.
If you are in the middle of a legal transaction such
as leasing or selling a horse for your client, your
client needs to sign the lease agreement or bill of
sale. Further, your client should secure legal counsel
to prepare the document or prepare the document themselves.
These two rules sound simple enough, but most litigation
is spawned by stupidity.
Be the spider, but spare your client as the fly.
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(Lisa M. Spano on NADJA - Photo Courtesy of Ms. Lisa
M. Spano, Esq. photo by Ron Schwane) |
Ms.
Lisa M. Spano, Esq.
practices general law and handles equine cases and may
be reached at:
Telephone
440-255-9100
Address
8440 Station Street
Mentor, OH 44060-4925
She also maintains an office at:
9591 Sulphur Road
Sulphur, KY 40070
The full article is
available on the
NAES website, Click
Here |
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-2008 Financials
-USEF
News
-USHJA Convention
-Supplying Info
-The "Agent" Trainer
-ICY's Column
-From our Readers
-About NAES
|
ICY’S
COLUMN |
(Photo of KIT, 2006, Courtesy of Tazman Dobermans, Flagstaff,
AZ) |
ICY
has a new Service Dog trainee, 3 year old KIT, also
a Doberman.
KIT had originally won her Canadian Championship when
she was just a year old. |
“KIT,”
as she’s called has been with NAES for over two
months and is turning into a terrific Service Dog. The
training includes her being coupled to “ICY,”
already a Service Dog. This makes sure that KIT has
no choice but to behave just as well as ICY.
At
all times Service Dogs must behave impeccably meaning
no barking, aggression or any actions unless instructed
to do so by the handler. Obviously, it takes many months
to train the candidate. |
(KIT in her Service Dog vest, Jan., 2008
– Photo by NAES) |
(Photo by NAES)
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ICY shown coupled to KIT
(Thinking, “Where
did she come from with those show dog ears?) |
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-2008 Financials
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News
-USHJA Convention
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-ICY's Column
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-About NAES
|
...MORE
DOG (AND CHILD) PIX FROM READERS |
(Photo Courtesy of Kim & Chris Russell,
Lexington, KY)
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BAXTER
and Ella Russell in a pensive moment.
Sent in by my good friends, Kim and Chris Russell of
Lexington, KY. |
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-2008 Financials
-USEF
News
-USHJA Convention
-Supplying Info
-The "Agent"
Trainer
-ICY's Column
-From our Readers
-About NAES
Web site:
www.northamericanequine.com
Address:
North American
Equine Services, LLC
35644 North 11th Avenue
Phoenix, AZ 85086-8704
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ABOUT
DAVE JOHNSON
(Photo Courtesy NAES)
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Dave
started NAES more than 15 years ago with an eye
to making sure all horse owners and those interested
in horses could depend on NAES for the straight
scoop on horses and prices.
In
addition, Dave is one of the busiest horse activity
experts in North America.
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Because
of his long history of working with so many breeds
and disciplines he's called upon to give his opinion
in literally hundreds of legal cases and horse
appraisals.
Dave is still an active horse show judge and,
when time permits, continues teaching at his wife's
nationally known stable, Willoway Farm, Inc.,
in Phoenix, Arizona.
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