If you want to see pics of a text book foaling - merlot's foaling is here...
Merlot's Foaling Thread
Regarding handling a foal, I handled my guy Zephyr Moo a little at birth and then stood back to let Mama do the bonding. Then I handled (and still do) him every day several times for no more than 5 - 10 minutes each time.
There are pics of his handling on his growing up thread here
The Growth of Lord LubbaDuck AKA Zephyr Moo
I'm not saying this is the only way but it has worked a treat for us and he is just a peach to handle. (3 months now)