Product Description
Can a boarding farm owner sell a boarder's horse to satisfy a delinquent bill? Are corporations or partnerships more suitable for certain kinds of equine businesses? Will the posting of signs that indicate potential hazards reduce a farm owner's liability in the event of an injury?
These questions and others are addressed in Understanding Equine Law, written by Kentucky lawyers Milton C. Toby and Karen L. Perch. Although equine law does not exist as a separate legal specialty, it contains under its broad umbrella contract and liability issues as well as tax questions. The authors examine these areas and provide basic, easy-to-understand information for horse owners and those with equine businesses.
Topics include: forms of business ownership as well as depreciation and deduction considerations; contracts, such as boarding agreements, and relevant clauses; and public and private purchase of horses. Understanding Equine Law is an indispensable guide for anyone involved with horses.
About the Author
Milton C. Toby, J.D., and Karen L. Perch, Ph.D.,J.D., are partners in Perch & Toby, a law firm based in Lexington, Kentucky. Toby has enjoyed a lifelong involvement with horses, as an exhibitor of American Saddlebreds; as a competitor in hunter, combined training, and dressage events; as a steward for the American Horse Shows Association; as a director of the Kentucky Horse Council; as a journalist; and as a photographer. He also is the author of Col. Sager, Practitioner, which recounts the experiences of the late Col. Floyd Sager, one of the country's most prominent equine veterinarians.
Perch has extensive experience as a financial planner and counselor, and in estate planning, estate tax, and probate matters. She has authored numberous publications in those areas, and has appeared frequently as a guest on local television and radio programs. She also served on a United States Department of Agriculture-sponsored, multi-state research project involving farm family finances.