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North American Equine Services, LLC
Specializing in Equine Litigation Consulting and Horse Appraisals
Second Quarter, 2008   1-800-575-1669




-Scholarship
-Divorces
-Leasing Horses
-Appraisal Standards
-ICY's Column
-About NAES

NAES AWARDS SCHOLARSHIP

(Ms. Annabella Villanueva, Scholarship recipient Photo supplied by the Villanueva family)
Ms. Annabella Villanueva has been awarded an annual academic scholarship from NAES. She is currently in the 1st grade.

Annabella Villanueva, daughter of Matthew and Heather Villanueva is attending the Summit School of Ahwatukee, AZ.

The Summit School is an exceptional private school that has an integrated thematic curriculum that embraces liberal arts, sciences, fine arts and athletics.
Ms. Villanueva is thriving in this environment and is excited to go to school every morning.

NAES is happy to sponsor this good student.




-Scholarship
-Divorces
-Leasing Horses
-Appraisal Standards
-ICY's Column
-About NAES


DIVORCES ARE JUST A FACT OF LIFE

(Photo Courtesy iStock Photo)
Unfortunately horse people rarely plan for the “what if’s” involved in marital dissolutions.

Even if you are the marriage partner who knows nothing about horses, you had best take a short course in valuation. Being aware of horse show winnings and horse success, or lack thereof, adds or detracts to the animal’s worth.

Age of the horse is important, so take into account the following ranges:

1. Dressage horses can generally be competitive up through their mid-teens. Especially if the horse has attained FEI status, (international abilities), the value can zoom up. USDF Levels I to IV are relatively basic but the animals movements and conformation can add much.

2. Low level jumpers can usually last until their mid-teens.

3. Upper level jumpers, World Cup qualifiers and similar highly able horse athletes can usually perform to their upper teens, albeit with close veterinary supervision.

4. Reining horses have shot up in value since their acceptance into the Olympic Games. Age is important here, too but not much past 8 or 9 years old.

5. Cutting horses are generally more salable in their younger years, (read age 8 to 9 max). Young futurity horses with very good breeding lines can bring much in the NCHA Futurity auction late in the year. (Bidders are gambling on blood lines).

6. For Arabians, American Saddlebreds, American Standardbreds and any other breeds, please call 800-575-1669 and I’ll be happy to give out some free advice.

Divorce is very emotional and the more facts you have, the more assertive you can be in establishing values on mutually owned animals.





-Scholarship
-Divorces
-Leasing Horses
-Appraisal Standards
-ICY's Column
-About NAES

LEASING HORSES

(Photo Courtesy iStock Photo)
...Should involve acquiring insurance in order to protect the owner.
The owner must make all the arrangements including paying the premium. The owner needs to make sure the horse is not removed to the lessee’s until the premium has been reimbursed to the owner.

Unfortunately, I’ve had a number of cases where the owner lost the basic health of their leased horse because the lessee failed to pay for the mortality or medical coverage insurance of the horse after taking possession.

Because various horse associations look differently on leased horses, it’s always smart to confirm point requirements.

I highly recommend that your attorney draw up the lease documents for your protection.




-Scholarship
-Divorces
-Leasing Horses
-Appraisal Standards
-ICY's Column
-About NAES

APPRAISAL STANDARDS

(Photo of Jaisa Brite’s Retired Thoroughbred- supplied by Ms. Brite)
Unfortunately, horse appraising is an inexact science. That is, to simply use a grid or machinery-like check sheet can have very wrong dollar outcomes.

For instance, in valuing a tractor it’s easy to take into account engine times, tire tread wear, etc. and convert those numbers to an overall price. Horse evaluating is not the same at all.

The best you can get is a generalized range in a specific discipline such as jumpers. For instance, in Texas adult amateur jumpers prices can go from low prices to $125,000 and more. In other regions of the United States these prices vary vastly.

What sets the individual horses apart is body conformation, veterinary concerns, performance records and awards received. Using an appraiser who has a good concept of values within each performance group can really help your case.

Always check out the appraiser’s biography and verify their ability to give an accurate valuation. Simply passing an appraisal course does not mean the appraiser really knows the market.




-Scholarship
-Divorces
-Leasing Horses
-Appraisal Standards
-ICY's Column
-About NAES

ICY’S COLUMN

(Photo of ICY by NAES)

Being a dog is actually great for me since I’m not so concerned about the other dogs around here; (KIT, ARTHUR and DAISY).

Dave is nice to me most of the time and gives me lots of treats but every now and then, (Mondays), my friend KIT and I get in the big box, (car), and go to a nice lady who gives us a bath and a bow, (like the foo-foo dogs)...yuk.

(KIT Photo by NAES)

(Photo by Gigi Strauss, owner)

Dave’s friend sent a picture of her two dogs, Tabitha and Caleb.





-Scholarship
-Divorces
-Leasing Horses
-Appraisal Standards
-ICY's Column
-About NAES

NAES' Email:
david@northamericanequine.com

Web site:

www.northamericanequine.com


Address:
North American
Equine Services, LLC
35644 North 11th Avenue
Phoenix, AZ 85086-8704

ABOUT DAVE JOHNSON

(Photo Courtesy NAES)
Dave started NAES more than 15 years ago with an eye to making sure all horse owners and those interested in horses could depend on NAES for the straight scoop on horses and prices.

In addition, Dave is one of the busiest horse activity experts in North America.

Because of his long history of working with so many breeds and disciplines he's called upon to give his opinion in literally hundreds of legal cases and horse appraisals.

Dave is still an active horse show judge and, when time permits, continues teaching at his wife's nationally known stable, Willoway Farm, Inc., in Phoenix, Arizona.

This newsletter is distributed quarterly.

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Copyright North American Equine Services, LLC 2008.
All Rights Reserved.
1-800-575-1669