Anyone who has bought or sold business aircraft can appreciate that time can kill deals. That is why Aviation Legal Group, P.A., is quick to point out that they provide excellent aviation-related legal advice that is consistently reliable, accurate and timely. This is in large part because aviation is all they do.
“Aviation Legal Group, P.A., is comprised of transactional and litigation attorneys who are pilots and who focus on the legal needs of the aviation community for clients that include lenders, aircraft owners, purchasers, sellers, lessors, lessees and operators,” says Scott C. Burgess, President of Aviation Legal Group.
The law team is highly proficient in cross-border transactions, Burgess says, and can handle VAT issues in the European Union and address non-citizen ownership of an aircraft on the FAA Civil Aviation Registry.
They help aircraft sellers plan their transactions to comply with applicable export requirements. For sellers who pay taxes in the United States, they consider tax gains when structuring an aircraft sale, including the need for a 1031 Like-Kind Exchange.
They also assist aircraft purchasers by helping them plan their transaction, their registration requirements, and their operational structure to ensure compliance with Federal Aviation Regulations (FARs) and to mitigate sales and use tax exposure. For U.S. tax payers, they consider tax deductions when structuring aircraft ownership, registration and operations.
Based at the Fort Lauderdale Executive Airport, Aviation Legal Group has been in business since 1996. Burgess has this to say about his decision to join the National Aircraft Resale Association (NARA), “My membership and participation in NARA have afforded me an invaluable opportunity to make friendships and build professional relationships. That is what makes deals happen!”
For more information about Aviation Legal Group, P.A., visit their website at AviationLegalGroup.com or call 954-763-5565.