Leaseback FAQ?

Robert Perkins wrote in
:

Snip
4 -- How does one go about assembling the spousal-persuasion
presentation for such a harebrained idea like this? Any success
stories?

Although I am not an expert in spousal-persuasion, nor in airplane Leasebacks
(although I too considered it for about a week), I believe that I am an
expert in Harebrained ideas.

Here's the way I look at it. If you continue to remain married after
purchasing a plane, your wife will probably hold it over your head for a very
long time and a variety of favors.

OTOH, if you simply divorce your wife, you may be able to reduce the total
divorce settlement by up to 50% of the money that you drain into your
airplane. Perhaps you can give the house to your wife, and keep the plane
outright, and live in the plane for a while.

The bad news is that divorce will probably be nearly as expensive as the
plane.

It is still not completely clear to me, though, which expense is more "worth
it"!

My wife has this "theory of equal and opposite spending". I'll be paying for my
ne wengine overhaul for a long time g

Judah wrote:

Robert Perkins wrote in
:

Snip
4 -- How does one go about assembling the spousal-persuasion
presentation for such a harebrained idea like this? Any success
stories?

Although I am not an expert in spousal-persuasion, nor in airplane Leasebacks
(although I too considered it for about a week), I believe that I am an
expert in Harebrained ideas.

Here's the way I look at it. If you continue to remain married after
purchasing a plane, your wife will probably hold it over your head for a very
long time and a variety of favors.

OTOH, if you simply divorce your wife, you may be able to reduce the total
divorce settlement by up to 50% of the money that you drain into your
airplane. Perhaps you can give the house to your wife, and keep the plane
outright, and live in the plane for a while.

The bad news is that divorce will probably be nearly as expensive as the
plane.

It is still not completely clear to me, though, which expense is more "worth
it"!

--
--Ray Andraka, P.E.
President, the Andraka Consulting Group, Inc.
401/884-7930 Fax 401/884-7950
email
http://www.andraka.com

"They that give up essential liberty to obtain a little
temporary safety deserve neither liberty nor safety."
-Benjamin Franklin, 1759