Trust vs Insurance

[patreilly]

I hate to ask this question. I know 95% of the replies will not be based in legal validity. But here goes. Now that I am 80 years old with minimal flying experience, I can not get insurance with me as PIC on my Acro Sport II. I can still obtain coverage on my Kitfox. I have a quote for an experienced pilot to be PIC in my Acro Sport II.
What are the ramifications and particulars of placing the plane in a trust in an attempt to limit liability with me as PIC?

 

[PittsDriver68]

 

[TFF1]

 

[jconard27]

 

[72878]

 

[N360PS]

 

[wanttaja]

 

[TFF1]

 

[Larry Lyons]

 

[patreilly]

 

[Don Adamson]