Here is the formula which we use when we are asked to
"accept" others horses if the owner dies:
If aged 1 - 20 we assume
that the horse will live to age 25. So from current age to 25 x 3000 per
year. If aged 20 - 25 and in good health, we assume they will live to age
30. So current age to 30 x 3000 per year. If aged 25 or older and in
good health then we assume they will live to 35. So, current age to 35 x
3000 per year.
These are 2006 dollars and in our agreement, we ask
for a built in cost of living increase from the time someone decides to declare
us as their "horse guardians", and their death. If someone sets aside 3000
per year today, but doesn't die for 15 years, the costs of caring for horses
will have risen by then. That has to be taken into
account.
If the directions are to sell a horse, we agree to follow
the wishes of the owner. That can be successful, or not, depending upon
the horse. So that issue remains up in the air until a discussion with the
owner is completed. Most who have asked us to take their horses want the
animals protected until death (so in effect, retired). Some have agreed to
what is termed "free lease" but I retain ownership. That way there is an
assurance that the horse will never face slaughter.
We actually
have a program (NOT A BUSINESS), called Perpetual Care where we are doing this
for some of our NATRC friends. I charge them $150.00 to set this up. They
make arrangements with their attorney, in their respective states. Then we
all set back and hope that we never have to implement our plans. Most of
the people who are participating have no children or other family or friends who
would/could take their horses and they "know" that something bad would probably
happen once they are gone.
