Al & Syd
Al: My kids are grown and were raised to be independent so they have a very
healthy disinterest in my estate. My
wife is independent as well but will receive my pension should I check out
first. She will also have our home. I’m told that these two things are
reasonably
safe from litigious folks that might want to take them away from her. I also
have my Ercoupe in my name only which
I’m told helps as well. Would our
attorney brothers kindly respond if what I just said here is false?
I think it’s sad when folks are crippled with fear of possible litigation to
the point that they refuse to give children rides in our flying machines.
Syd: Thanks for that
information. I do fly eagle flights but
I thought that EAA picked up the insurance unconditionally. It sounds like a
good reason to keep what I
have.
Cheers,
Bill
AJ DeMarzo wrote:
I knew a
guy that made anyone who wanted to ride along sign a waiver. Regardless
of what you may think, one can't sign his rights away and if you feel that
dying in a fiery crash will get you off the hook, it won't. Injured
parties will sue your estate and leave your wife and children in the poor
house. That includes the farmer who's corn you plow down and the county
environmental crew who have to clean the area up of all that super
pollutant avgas, oil, grease and ashes. Don't ask me about Young
Eagles. Hats off to those who do it. I admire you but I
won't. Too much to lose if something happens.
Reconsider
your liability insurance, flying without it is foolish.
Hi Al,
To answer your Young Eagle question, if the pilot has
$100,000/ seat liability insurance, EAA backs him/her up with $1,000,000
more. So far I've flown 802 Young Eagles, and I plan to fly plenty more.
Syd
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