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Member
Posts: 33
| I have a friend who wants to breed my mare to a stud of his choice and "sponsor" the foal for my daughter to run when the foal is old enough
This is an area I have never dealt with. Any advice on what I need to do to protect both parties interest? |
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 Midget Lover
    
Location: Kentucky | I don't see this as being a very good idea.
Friendships can fall apart, your daughter may lose interest in horses/barrel racing, something may happen to the foal, the mare may not be able to get in foal, etc. etc. If you friend wants to sponsor your daughter, I would suggest a typical sponsorship. |
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  Shipwrecked and Flat Out Zapped
Posts: 16390
Location: DUMPING CATS AND PIGS IN TEXAS :) | I didn't think it was a good idea when I read it either. |
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 Warmblood with Wings
Posts: 27846
Location: Florida.. | alot can happen between now and then..
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 Undercover Amish Mafia Member
Posts: 9992
Location: Kansas | I don't feel it's a good idea either.... |
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 Fact Checker
Posts: 16575
Location: Displaced Iowegian | Waaay too many questions…
Who pays the stud fee?
Who “owns” the foal?
Who feeds, takes care of (for three years minimum) and trains?
If outside training, who pays?
What happens if it is a “dink” foal or foal dies?
What is the “reward” to your daughter if the horse is successful?
If sold, who gets the money?
Etc., etc, etc.................
I would think long and hard and have an attorney draw up an iron-clad contract…. |
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 A Somebody to Everybody
Posts: 41354
Location: Under The Big Sky Of Texas | Nope, things like this go south real fast, just pay the fee yourself or buy something thats really to be train and send it off to have a good start/foundation but on it. |
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