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August 11, 2017

You risk your personal assets unless your horse-related business, no matter how small, is organized as a separate legal entity. If you fail to formally structure your business as a separate legal entity, a sole proprietorship or a general partnership will be presumed and your personal assets will be at risk.

Every horse-related business, no matter how small, should be organized as one of the following legal entities:

  • Corporation (ch. 351, RSMo)

  • Limited Liability Company (LLC or LC) (ch. 347, RSMo)

  • Limited Liability Partnership (LLP) (ch. 359, RSMo)

As preliminary matters, you should register the name of your business with the Missouri Sec...

May 4, 2017

Historically, horse theft in Missouri was very common – particularly in Clark County, near the borders between Missouri and near Iowa and Illinois.

In the 1800s, horse theft was a big problem. In 1854, the Anti Horse Thief Association was informally organized. In 1859, the Anti Horse Thief Association was formally organized in Kansas. By the start of WWI, there were more than 40,000 members. Other anti horse-theft organizations, in other parts of the United States, were also formed. With the automobile, particularly when car ownership became common, horse theft decreased. With a decrease in horse theft, most such organizations dissolved.

However, horse t...

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SCHULTZ & ASSOCIATES LLP 

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Chesterfield, MO 63005-1221

(636) 537-4645

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