Why do I Need Advocate Consulting When I have a Great Accounting/Legal Team that Knows my Business? 

Aircraft operation planning is unique because it requires the integration of Federal Aviation Regulations, Department of Transportation Regulations, federal income tax issues, state sales tax issues, interstate liability issues, and aircraft economic issues.

Advocate does not compete with your other advisor's services; they compliment them.  By working with your advisors, Advocate develops an aircraft plan, integrates it into your overall planning, drafts necessary documents, and coordinates its execution.  Advocate's services include:

Identify the proper entity structure to own the aircraft. 

Design an operational structure that complies with FAA noncommercial limitations, while meeting IRS trade or business requirements, and controls liability exposure.

Each client is assigned to an aviation attorney/accountant service team who are responsible for executing the client's planning.

The legal advisor drafts aircraft purchase agreements, operating agreements, aircraft leases, management agreements and the like, and files them with the FAA when appropriate.

The accounting advisor provides documentation advice, outlines recordkeeping requirements, reviews compliance, prepares business plans, and prepares tax returns.

When you get examined by taxing or regulatory authorities, your service team working with our internal specialists will defend you at no additional charge.

Why Advocate?

This is a highly specialized area of the law; make certain your advisor is an attorney who understands aviation.  Our legal department assists in 2 new aircraft acquisitions per day.  Our accounting department deals in aviation compliance and examinations daily; our 30+ professional firm serves over 1,600 aviation clients.

Advocate Covers It All:
Aircraft Tax Accounting                                               Aircraft Sales Tax Planning
IRS - Aircraft Audit                                                      Aircraft Depreciation Calculation
Aircraft Timeshare Agreements                                   FAA Compliance
General Aviation Law                                                   Part 91 and Part 135 Operations
Aircraft & Passenger Liability Planning                        Aircraft Registration
Fringe Benefit - SIFL Calculations                                Fractional Ownership
Aircraft Co-Ownership                                                 Aviation Tax Compliance
Personal Use of Aircraft                                              Passive Activity, Hobby Loss & Aircraft