- 3 -
Law, petitioner began practicing law in 1972, and she continued
to practice during the years under consideration. She
specialized in family law, including the handling of divorces,
separations, and child custody matters.
Petitioner, who is a diabetic, began experiencing additional
health problems, including some lapses of memory, and in the mid-
1980’s she decided to curtail her legal practice and change to a
different source of income. From the time petitioner was 5 years
old, she has been involved in and become familiar with training,
breeding, and showing horses. As a young woman, petitioner was
successful in showing her family’s horses. After having little
involvement with horses throughout college, law school, and
during her practice of law, petitioner, in 1985, began to join
saddlebred horse associations and to become more involved in
horse-related activity.
During 1989, petitioner began her horse activity. She
visited farriers and horse farms during the period 1986 through
1989 to determine the ways to generate income from horse
activity. After considering the advice received, petitioner
decided to purchase and/or breed a stud horse that would generate
revenue. She concluded that an approach involving the breeding
of stallions would require the least amount of annual overhead
and would generate income from stud fees. Petitioner intended to
show the stallions and any other horses of the same bloodline as
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011