The acquisition of a luxury asset such as a private aircraft or yacht can signify the fulfilment of a long held ambition for a wealthy individual, and can quickly become an important part of their lifestyle. The legalities around acquiring, owning and operating, and selling such assets, however, are complex and difficult to navigate, encompassing both domestic and international law. You should be advised by a legal team with the expertise to provide you with clear and practical advice, making the process as seamless as possible and freeing you to enjoy your new asset as quickly as possible.
Our Commercial team advises high net worth individuals on all aspects of the purchase or sale of aircraft or yachts including the drafting and negotiating of purchase and sale agreements, dealing with financing and security documentation, assisting with the registration process and engaging with relevant lenders as necessary.
By gaining a full understanding of your specific circumstances and priorities, our wider Private Wealth team can also support you in the creation of tailored, tax efficient ownership structures and in dealing with any succession issues that may arise out of the purchase of your luxury asset.
We are committed to providing you with a personal and tailored service which ensures that your exciting sale or purchase goes ahead smoothly and that the ownership of your asset is structured effectively.
We support our clients with individually tailored legal advice, in areas such as:
Collyer Bristow continues growth with Commercial Litigation Partner hire
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