Homeowners’ and condominium associations (HOAs) continue to seek ways to foster a sense of community, often hosting social events and gatherings to bring residents together. What happens if something goes wrong at one of these events? Who’s responsible if someone gets hurt or causes damage after drinking at an HOA-sponsored gathering?
What Happens to My Animals?
“There has to be a better way to do this. If you want to leave money for your animals, you don’t want it all to go to taxes,” long-time horse owner Bonnie Ollie tells equestrian magazine USDF Connection.
For insight on finding a better way, the publication turned to Gawthrop Greenwood attorney J. Stoddard Hayes, who practices in estate planning, trust and estate administration, personal and fiduciary income taxation, and equine law. With his wife, Hayes also operates a family-owned horse farm and boarding facility.
Read on, to learn Hayes’ top tips as well as 3 options for making provisions for horses in the estate planning process.