Structuring Yacht Ownership

We pride ourselves on our ability to help clients in the United States and in the international community to form a variety of legal business entities for the purposes of purchasing yachts and aircraft and other large marine vessels.

Our Florida attorneys work with clients to help them identify their specific financial needs and then choose the business structure that will best meet those objectives.

Beyond protecting individual assets, our attorneys also consider state and federal income tax concerns, state-level sales and use taxes, and estate planning issues such as gifting, charitable donations, and yacht and aircraft ownership succession in choosing the right structure for your yacht purchase.

Once all of the issues have been taken into account, our firm can provide you with a clear and concise outline of the benefits and drawbacks of entities such as limited liability companies, limited partnerships, family limited partnerships, corporations, and fractional yacht ownership.

Financing is often a major concern for purchasers. We will investigate a variety of financing options for yacht construction, or for the purchase of a new yacht or aircraft. Our attorneys help our clients decide if a boat or yacht loan is their best financing option.

We also assist clients in ensuring that the transaction is structured in a way that will satisfy lenders' concerns. Our attorneys provide services for new construction escrow, aircraft escrow, post-closing escrow accounts and assistance with insurance.  These decisions can either cost you or save you thousands of dollars.  Allow us to help you make the right choices and save your money.

In Florida, for more information, or to make an appointment with one of our admiralty and maritime attorneys, please contact us at (954) 944-2855 or by email at  .