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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
LML website: http://members.olsusa.com/mkaye/maillist.html
LML Builders' Bookstore: http://www.buildersbooks.com/lancair
Please remember that purchases from the Builders' Bookstore
assist with the management of the LML.
Please send your photos and drawings to marvkaye@olsusa.com.
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