Plan to get rid of my horse(s) - Page 4 - The Horse Forum
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post #31 of 38 Old 05-31-2015, 09:18 AM
Join Date: May 2015
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I just found this forum in a search and am so glad I saw this thread. Hi to All :) It's something I haven't thought about, shame on me, but this post was the wake-up call I need. Thanks mred :)
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post #32 of 38 Old 06-02-2015, 03:22 PM Thread Starter
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Welcome First Love. I hope it does help. We all have to prepare for life and my horses are part of it.
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post #33 of 38 Old 06-02-2015, 03:42 PM
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Good thread, OP.

But aside from disability, death or dismemberment , I think the biggest factor effecting horse-ownership is personal finances and the state of the economy.

Unless your horses are working horses, they're a luxury. That means when the economy gets bad, horses get sold. Cheap. During this latest recession, we had instances of backyard horse-owners just letting their horses loose on farm and ranchland. Or trying to give their horses away. I had to turn down two people who wanted me to take their horses.

And any horse owner at any time can have a personal financial setback, a loss of income for one reason or another. If you can no longer care and feed your horses, your ability to find them a good home may depend on the health of the economy. Just something to consider.

We were actively breeding horses to our studs prior to 2007 but when the recession hit we scaled way back and I've essentially put all horse business in suspended animation .
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Last edited by Rancher; 06-02-2015 at 03:47 PM.
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post #34 of 38 Old 06-02-2015, 03:53 PM
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Well, I am very careful with horses. I love them so much. I don't want them to hurt any members of my family. All are important to me.
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post #35 of 38 Old 06-02-2015, 07:04 PM
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I think training is the BIGGEST issue affecting re-homing. If your horse is well trained, quiet/ bomb proof, they should not be difficult to re-home, with the exception of very old animals.
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post #36 of 38 Old 06-02-2015, 07:56 PM
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I think this is a very important conversation. I'd only add one thing: everyone talks about their plan but how many have actually prepared a legal will? have you told others where to find this will? And is this will even realistic and practical ("I give my horse to my best friend" is worthless if your best friend is 12 and her parents don't want her to have a horse)?

When I was in my 20s, my husband's (then boyfriend) parents were in tragic car accident. His mother died on the spot and his dad was in intensive care for months teetering between life and death. No one in the family knew where the will was. We had literally no idea where to bury the mother (they were not a very communicative family) or what her last wishes were. This made the accident even more traumatic for the family. I spent a few hours calling every lawyer in the phone book to track down their will so the family could put their mom to rest (turned out the lawyer's last name started with a "w" and - you guessed it - I was working alphabetically).

So have a plan, don't get in over your head until you've achieved financial security (working a babysitting job so you can pay to feed your horse is fine until you actually have to start paying a mortgage, bills, food for yourself and maybe even your human family...) and have a will which you keep in a couple of locations. And then tell someone where it is!
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post #37 of 38 Old 06-03-2015, 04:42 PM
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Location: Virginia
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This is a great topic for new horse owners and younger horse owners who are not under a parents guidance. Thank you mred for starting this.

Due to the nature of my work I had my first will in place when I was 21. I always rode whatever was available at my parents place as it was free (of course my parents still got manual labor out of me) and my parents always had nice horses that I couldn't afford and there were plenty there that needed to be ridden. As I became financially stable I bought my first horse I edited my will to include my horse. Now that I have 4 horses and am married the will has been changed many times, oh and add home ownership and a kid and..blah, blah, blah.

If something happens to me the hubby is stuck with it all, but he already claims two of the horses and I know he would never get rid of them. If something happened to both of us everything including my kid goes to my parents. If my parents are gone it falls to my brother, then aunt/uncle. I have a life insurance policy as well to cover the expense of everything.

Something younger folks don't think about is the expense of funerals, medical care, transporting, feeding until things are settled. Get a life insurance policy and state in the will that the beneficiary of the will needs to use the money to settle the expenses of said funeral/horse care/transports. A lot of youngsters can get a life insurance policy for less than 20 bucks a month and it would ease the burden on your loved ones.
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post #38 of 38 Old 06-03-2015, 10:48 PM
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I agree this is a difficult discussion to have but having it will save some heartache down the road. I also agree that a horse that is handled and has some training would be easier to find a new home. I frequently hear of "free horses" that are older and have no training and can barely lead, etc. Not a good situation and will likely send the horses into a worse situation.
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