FAQ - Questions and Answers
A. We take the following steps to minimize your risk and maximize your security: At Trust4USA we specialize in registering US aircraft with the FAA for foreign owners and take your interest to heart.
1. All aircraft under our administration are registered to an individual owner Trust/Corporation Package. This is important because the Trust Agreement, which the beneficial owner of the aircraft will have to sign, will include indemnities in the event that the Trustee is sued. Where an individual or a Trust which registers itself directly as the owner of the aircraft is sued they will file a claim against you under its indemnity. Where the Trustee owns a separate Corporation for your use only, you get the added protection of being able to rely on its limited liability for your protection.
2. By utilizing our professional and knowledgeable services you can be assured and feel confident that your aircraft will be properly owned by a US Corporation registered in Delaware and provide you with all proper documentation included in the trust agreement. As long as you follow the administrative rules and provide us with the due diligence we require, you will have the ability to fly the aircraft or sail the yacht legally outside of the US.
3. We assure that you have the trust and registration documents required to legally operate the aircraft or yacht internationally.
4. All State and Federal government documentation will be sent promptly.
A. Yes. A non-citizen Corporation lawfully organized and doing business under the laws of the U.S. or one of the States as long as the aircraft is based and primarily used in the US flying a minimum of 60% of all flight hours on from flights starting and ending within the US. An address for all records or flight hours must me available for inspection.
A. A Trust is a legal entity that is formed under an agreement between one person (the Settlor or Grantor); the terms of the trust transfers to another person (the Trustee), an asset; in this case an aircraft to hold on certain terms. In the case of an Owner Trust, the aircraft is typically held for one beneficiary, which is the Settlor.
In the case of a foreign owner of the aircraft desiring US registration, a Trust is required for compliance with the with FAA regulations because an owner can ultimately control the aircraft through their US Trustee (US citizen), who is the registered Trustee of the US registered aircraft.
- Owner Trust - If a foreign person or company settles the aircraft in trust with a US Trustee, it may be beneficially owned.
A. The answer is to form a Statutory Trust.
Why Choose Trust 4 Aircraft as Your Trustee?Trust 4 Aircraft provides professional and confidential services to protect our clients as permitted by law. All information is classified and will only be released with our client’s permission or by court order.
- We offer personal and considerate services.
- When you work with us there are no hidden costs or fees.
- We work with clients worldwide providing them with legal and useful information on owning, operating and registering their aircraft or yacht.