PPRuNe Forums - View Single Post - URGENT Foreigner owns Aircraft but FAA "N" US registered through american citizen
Old 4th May 2009, 12:06
  #26 (permalink)  
englishal

 
Join Date: May 2001
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That, according to my insurer, is a problem which one cannot do anything about.
Can you not have some sort of contract drawn up? For example, I own my house - My wife is no where on the mortgage or deeds or anything (for the simple fact that when I bought it we were not married). Rather than pay to get her on the mortgage we saw a solicitor who drew up some sort of contact which basically said "I own the house, but it was bought for us both, so if I die then the house will get passed to mrs B"....

can't the same be done with aeroplanes - "XYZ Corp owns the aeroplane on behalf of Mr B. If the company should fold or die then the aeroplane still belongs to Mr B" ?

My wife has a US passport so anyone wants to give her their aeroplane, then that is fine! No charge, just free use
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