From: AVIDWIZ@aol.com
Message-ID: <176.cc7c1c.294b99b2@aol.com>
Date: Fri, 14 Dec 2001 13:06:42 EST
Subject: Re: Insurance Association
To: IIP@hawaii.rr.com, lancair.list@olsusa.com
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Reply-To: lancair.list@olsusa.com

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Dear Brian

AMEN.   Your ideas are great and shows  "thinking outside the box" which is 
what we all need to be doing.

Offshore insurance companies can be formed for minimal cost (see 
www.offshoremax.com)

In terms of liability my attorney in Hong Kong suggests I form a Liberian 
bearer share company which in turn would own a Panama offshore trust.   The 
offshore trust would own a Nevada Corporation whose sole asset would be the 
plane.   Then another California Corporation would lease the plane from the 
AZ Company and would receive rental payment for its usage from me.

The same multi layered structure could work for insurance as well.

Keep thinking!!!

Dave
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