@originaldohnthornton: If you own a private plane… there’s a good chance that aircraft is sitting inside an LLC / Corporation. Sounds protected, right? Not really. Because LLCs and corporations create public records. Which means your aircraft ownership can be traced, searched, and exposed. Anyone digging deep enough can find it. Attorneys. Creditors. Investigators. Lawsuit hunters. So while you think the plane is protected… you’re actually leaving a massive financial footprint behind. And on top of that — all the fuel, maintenance, hangar fees, insurance, pilots, and repair costs are flowing through fully taxable statutory law entities. But when the aircraft is held inside a contract law spendthrift trust… the trust itself is not publicly registered with the state. No public ownership trail. No public filings exposing the asset. Far greater privacy. And those aircraft-related expenses can be treated as trust expenses — with no taxable events. Same plane. Completely different financial outcome (info purposes only; not a licensed tax, legal, or accounting professional) #taxsavingstips #taxdeductions #privateplanevibes

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