Transportation Wills, Trusts, & Estate Planning

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Aviation Orphan Trust Structure

The use of traditional leveraged lease transactions for the financing of commercial aircraft has dropped dramatically in the last 5 to 10 years. Due to changes in economic conditions, tax laws, and accounting procedures,...more

Oil And Gas Law Insight: With Oil Reserves Estimate Doubled In Williston Basin, Opportunities For Growth Abound

The U.S. Geological Survey has doubled its previous estimate of the amount of recoverable oil within the Williston Basin to 7.4 billion barrels. While the Bakken formation is still a star in the play, the potential of the...more

FAA Proposes New Policy Governing Owner Trusts with US-Registered Aircraft

On February 9, 2012, the United States Federal Aviation Administration (FAA) published a proposed policy that, if adopted, would affect the rights and responsibilities of owner trustees of FAA-registered aircraft and...more

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