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The legal ownership of your yacht has more options than financing and legal counsel should be consulted.
LLCs may provide for liability protection in the case of injury and may provide privacy in some states as well as the avoidance of taxes and fees.
Offshore registry may provide even further privacy and the avoidance of various state taxes and fees. Protection of your privacy and freedom in our violent societal climate is crucial when traveling abroard.
Eyachtloans works very closely with the leading industry attorneys and would be glad to give you a referral or discuss the general ideas involved in ownership.
Please call us at 888-392-2485 if you have any questions.