vic syracuse
Well Known Member
I am not a lawyer by any means, and this is not meant to be advice as much as something to think about for all of us. I have had the occasion to perform prebuys as a result of estate sales over the course of many years, and I keep seeing the same thing. The aircraft has been left in a state of disrepair sometimes for so long that the monetary value has greatly depreciated, Sometimes to less than half or more than the value at the time of death. I find it so sad for the family/spouse of the deceased. The aircraft that at one time may have been the pride and joy of the owner or family may now require lots of work and money to even make it saleable.
I know it can be a really tough time for the family, and especially the spouse, but I?ll tell you what I have told my family. If anything happens to me, sell the airplane the next day. Don?t wait. Don?t let emotions get in the way of a financial decision that most certainly have adverse consequences.
Just my thoughts.....
Vic
I know it can be a really tough time for the family, and especially the spouse, but I?ll tell you what I have told my family. If anything happens to me, sell the airplane the next day. Don?t wait. Don?t let emotions get in the way of a financial decision that most certainly have adverse consequences.
Just my thoughts.....
Vic