paintponylvr
Well-Known Member
Morbid subject - I'm sorry!!
I was wondering what others have planned upon their own passing. Recently, this has been in my thoughts a lot - and both mine and my husband's wills need to be updated. My own family does have horse experience and most know who is who (sometimes), but they do not have the finances to take on our property and ponies should either myself or my husband or (God Forbid) both of us pass unexpectedly. Both my husband and I have separate accounts that could be utilized to help maintain livestock/pets for a short time.
How do you make provisions in your will? Do you do a list of ponies that you have? If so, how do you update it? How often? If you are a breeder and have varying numbers of ponies due to foaling and selling - how do you account for the extra ponies or the leaving of ponies? If a trainer, what do you do?
How do you account for your equipment? Some of ours is expensive and currently well maintained, but value may not be understood. Some would only be horse related (harness, wagon, carts, horse related field implements), some would be general household "stuff" (lawn mower, wheeled feed wagons that can be pulled behind the lawn mower, Cyclone Rake). Some is stored (carts, wagons, field implements) and current costs may not be known since we've had them for quite some time. Other is everyday using equipment that I feel our family members will be able to figure out - as they have time.
I have not kept up on lists of equipment that we have and really need to do this type of inventory listing... LOL. Do you do a video record of your equipment or pictures every so often to show condition at that particular moment? If pics/vid done, how often is that updated? What equipment has some type of serial numbers listed (only our actual vehicles have those - not even our 2 horse trailers have them)?
I really need some ideas. I'd like to make a difficult time a little easier for my children/grand children when the time comes. Hopefully, it won't be anytime soon (and oldest daughter has made it clear she would not be able or willing to take on such a responsibility and that we aren't "allowed" to "leave" anytime in the near future).
A few years ago, my husband and I changed how we did registrations w/i the organizations we belong to - making it possible for either of us to sign paperwork for transfers, new registrations and breeding reports. I have a couple of ponies I need to update still, but the rest and all new registers and transfers are done this way. Not sure how to set up for one of the kids to take over, though, if both of us should go at one time... I guess we could sign some paperwork that they can then copy??
The husband and kids know that I carry all the coggins and rabies paperwork for ponies, dogs and cats in a large (& thick) note book that I keep in the truck. Registration paperwork is kept in another notebook, zippered - so somewhat protected - in our home. Pictures of all animals are maintained on an external hard drive and have lots of them on two different photo album set ups online. Currently, most of our ponies (33 head) wear a collar that has a cattle fly tag with their barn names on them - except for 2 ponies - all have barn names that match up to part of their name on their registration papers, so think that registration papers can be matched to specific ponies. I need to replace both collars and name tags on some and update the tags on others, right now.
I have a lot of individual info on ponies, farrier/vet charts - when due, when done, feeding charts etc on my computer and on phone - both fairly easy to access - confident that hubby/kids can get to that if laptop and external hard drive aren't damaged (vehicle accident or fire). But have not done any type of lists that are printed out and in say a safety deposit box somewhere OR listing in a fireproof box at home...
Pointers, ideas would be helpful for us to bring our own info up to date. To be honest, in all the years we've owned the ponies, we've never had them included or had provisions for their care in our wills. May need to look into a specific lawyer or ?? to do this type of provisioning?????
I was wondering what others have planned upon their own passing. Recently, this has been in my thoughts a lot - and both mine and my husband's wills need to be updated. My own family does have horse experience and most know who is who (sometimes), but they do not have the finances to take on our property and ponies should either myself or my husband or (God Forbid) both of us pass unexpectedly. Both my husband and I have separate accounts that could be utilized to help maintain livestock/pets for a short time.
How do you make provisions in your will? Do you do a list of ponies that you have? If so, how do you update it? How often? If you are a breeder and have varying numbers of ponies due to foaling and selling - how do you account for the extra ponies or the leaving of ponies? If a trainer, what do you do?
How do you account for your equipment? Some of ours is expensive and currently well maintained, but value may not be understood. Some would only be horse related (harness, wagon, carts, horse related field implements), some would be general household "stuff" (lawn mower, wheeled feed wagons that can be pulled behind the lawn mower, Cyclone Rake). Some is stored (carts, wagons, field implements) and current costs may not be known since we've had them for quite some time. Other is everyday using equipment that I feel our family members will be able to figure out - as they have time.
I have not kept up on lists of equipment that we have and really need to do this type of inventory listing... LOL. Do you do a video record of your equipment or pictures every so often to show condition at that particular moment? If pics/vid done, how often is that updated? What equipment has some type of serial numbers listed (only our actual vehicles have those - not even our 2 horse trailers have them)?
I really need some ideas. I'd like to make a difficult time a little easier for my children/grand children when the time comes. Hopefully, it won't be anytime soon (and oldest daughter has made it clear she would not be able or willing to take on such a responsibility and that we aren't "allowed" to "leave" anytime in the near future).
A few years ago, my husband and I changed how we did registrations w/i the organizations we belong to - making it possible for either of us to sign paperwork for transfers, new registrations and breeding reports. I have a couple of ponies I need to update still, but the rest and all new registers and transfers are done this way. Not sure how to set up for one of the kids to take over, though, if both of us should go at one time... I guess we could sign some paperwork that they can then copy??
The husband and kids know that I carry all the coggins and rabies paperwork for ponies, dogs and cats in a large (& thick) note book that I keep in the truck. Registration paperwork is kept in another notebook, zippered - so somewhat protected - in our home. Pictures of all animals are maintained on an external hard drive and have lots of them on two different photo album set ups online. Currently, most of our ponies (33 head) wear a collar that has a cattle fly tag with their barn names on them - except for 2 ponies - all have barn names that match up to part of their name on their registration papers, so think that registration papers can be matched to specific ponies. I need to replace both collars and name tags on some and update the tags on others, right now.
I have a lot of individual info on ponies, farrier/vet charts - when due, when done, feeding charts etc on my computer and on phone - both fairly easy to access - confident that hubby/kids can get to that if laptop and external hard drive aren't damaged (vehicle accident or fire). But have not done any type of lists that are printed out and in say a safety deposit box somewhere OR listing in a fireproof box at home...
Pointers, ideas would be helpful for us to bring our own info up to date. To be honest, in all the years we've owned the ponies, we've never had them included or had provisions for their care in our wills. May need to look into a specific lawyer or ?? to do this type of provisioning?????