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aloh327 03-21-2010 02:15 PM

I inherited a horse, what should I do?
 
I inherited a horse when one of my good friends passed away. I want to get insurance on her, but as I am looking into all the logistics of it I need some sort of "bill of sale". I obviously don't have one because I was given the horse by her parents after she was killed in a car wreck. Is there a "transfer of ownership" type of form I can get somewhere and have her parents sign? The horse is worth a lot of money so I would like to have her covered under the full mortality...but I am kind of stuck. Can anyone help me??

AlmostThere 03-21-2010 05:16 PM

You might want to ask this under horse law, but I would think that your friend's estate would have to go through probate (assuming she didn't have a will) for her parents to take legal ownership of the horse. Then it should be a very straightforward process to get a bill of sale from the parents. Your main problem may be that until probate takes place (I'm assuming you're in the US, I have no idea how distribution of assets in an estate works in other countries) the parents probably have no legal right to sell/give you that horse.


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