Latest / The High Net Worth Podcast with Fexingo: Wealth Management, Tax Strategy, and Affluent Finance
How Ultra-Wealthy Families Use Aircraft Partnerships for Tax and Lifestyle
In this episode of The High Net Worth Podcast, Lucas and Luna explore a niche but powerful wealth management strategy: aircraft partnerships. Most people assume private jets are purely a luxury expense, but the wealthiest families often structure aircraft ownership through a partnership or co-ownership vehicle that delivers significant tax advantages and operational flexibility. Lucas breaks down the key mechanism—fractional ownership via an LLC that elects to be treated as a partnership—and explains how partners can deduct depreciation, maintenance, and operating costs against rental income…
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