Protecting a competition horse as an asset

Why every rider should plan ahead

For many of us, our horses are part of the family, but for those competing, they can also be one of our most valuable assets. Whether you’re riding at grassroots level or aiming for international events, the reality is that competition horses often represent a significant investment of time, money, and emotion.

This year, the equestrian community has been shaken by the tragic deaths of jockey Michael O’Sullivan, Eventer Sarah Yorke and Showjumper Chris Moyce. These events are a sobering reminder that riding carries risks, and that none of us can take tomorrow for granted, particularly if our families are not “horsey” and wouldn’t know how to manage or rehome a competition horse.

Why protection matters

A competition horse is more than just a pet. Between the purchase price, training, livery, veterinary care, and travel, their value can be substantial, and in some cases, they can also generate income through prize money, breeding, or sponsorship. Without clear legal arrangements, disputes over ownership, care, or sale can arise at the worst possible time.

How to safeguard your horse and your wishes

1. Document ownership clearly

• Have a written agreement confirming ownership, especially if the horse is shared or owned through a syndicate.
• Make sure the horse is registered to the correct legal owner with the relevant breed society or governing body. The same applies for equine passports.

2. Consider a trust

• Placing a horse into trust can protect it from being sold against your wishes and ensure it is managed by people who understand its value and care needs.
• A trust deed can set out who makes decisions about the horse’s training, competing, or sale if you are no longer able to.

3. Insurance for peace of mind

• Comprehensive cover: mortality, veterinary fees, public liability, and loss of use is essential. Review the insured value regularly to match the current market.

4. Written care & competition agreements

• If another rider competes your horse, set out in writing the terms for costs, responsibilities, and decision-making.
• Loan agreements should be equally clear, including permitted uses, care standards, and what happens if the agreement ends.

5. Include your horse in your will

• State clearly who inherits the horse and how it is to be managed or sold. Without this, non-horsey family members may have no idea of the horse’s needs or value.

Real-world example

A grassroots event rider, with a talented but quirky mare, set up a simple trust in her will so that if anything happened, the horse would go to a trusted friend rather than be sold quickly to the first bidder. This gave her peace of mind, and her family clarity, knowing the mare’s future was secure.

The bottom line

Whether your horse is worth £300 or £300,000 the principle is the same — you need to make a plan. It’s not morbid; it’s part of responsible ownership. By putting the right legal structures and agreements in place now, you can protect both your horse’s welfare and your investment, and ensure your wishes are carried out.

If you’d like advice on protecting your horse and making sure the right people are in place to look after it, please contact Francesca Hayward at Furley Page for tailored legal advice, telephone 01227 763939.

For the author of this blog, Francesca Hayward, horses have been part of Fran’s life for as long as she can remember. She competed from childhood into adulthood and still rides today, but now for pleasure rather than prizes. This lifelong connection to the rural community gives her an insider’s understanding of the unique legal needs of equestrians, farmers and landowners alike.