As most NBAA attendees will attest, the safe and legal operation of an aircraft is a complex task. With a seemingly endless list of agencies to answer to, it is all too easy for something to fall through the cracks. Aviation law specialist Advocate Consulting Legal Group (Booth No. C9314) assists its clients in developing and implementing entity structures and contractual arrangements to maximize tax savings, while complying with FAA, DOT and state regulatory requirements.
As the Naples, Fla.-based firm notes, it does not compete with a customer’s current advisors, but complements them in the development of an aircraft plan and in helping with its integration. “Our typical client is a small business that has other tax and accounting needs pertaining to their business. They’ve got payroll, they have inventory, we don’t take care of any of that,” said Jonathan Levy, the firm’s legal director. “We’re [work with] just aircraft, so we complement their existing advisors because aircraft is a complicated enough field that a specialist is called for.”
