Aircraft Trusts, Is Your Estate Plan Airworthy?

Loading Events

« All Events

  • This event has passed.

Aircraft Trusts, Is Your Estate Plan Airworthy?

June 9, 2017 at 10:00 am - 10:45 am

Why consider an Aircraft Trust?

An aircraft needs special consideration in the Estate Plan. Federal regulations control how an aircraft is registered.  An aircraft trust must meet the FAA citizenship requirements before registration is permitted. If FAA process is not followed, the aircraft will not be in the trust and probate may be required. Your aircraft trust should work with the other parts of your Estate Plan.

This is an Online Event

You will also receive:

An Aircraft Trust can do one or more of the following:

  • Flying Legacy: Require your beneficiary to obtain a pilot’s license before they are given an interest in the airplane.
  • Gift: Transfer the aircraft to the people or organizations you choose.
  • Operation: The trustee manages the aircraft for use by your beneficiaries.
  • Liquidation: The aircraft is sold and funds distributed.
  • Provide money for maintenance, insurance and pilot school.

You will learn;

  • How to set up a FAA compliant Trust
  • The FAA Registration process
  • The cost of doing so
  • The Tax Free Exchange

Already have a Trust?

You may be surprised to learn that the FAA doesn’t recognize that your aircraft is trust owned.  Find out how to check to see if it is.

Need to create an Estate Plan?

The presentation will provide you with that information as well.  Wills, Trusts, Powers of Attorney and Advanced Healthcare Directives.  Without planning your estate is likely headed for probate.  This can be avoided by planning with Trusts and Powers of Attorney.  Otherwise, your family is likely facing court control and interference when you die or if you become disabled.

Details

Date:
June 9, 2017
Time:
10:00 am - 10:45 am
Event Category:

Venue

Online Web Event
102 E. Thatcher St
Edmond,OK73034United States
show
%d bloggers like this: