My attys have told me you can't release liability
   for anyone else -- not even for a spouse, who can
   still file after someone's demise. It only means you
   won't sue.

   You can indemify, defend and hold harmless against
   third party claims -- provided you (or your estate)
   has the assets to fund such a defense and pay any
   resulting claims.

   Scott Gettings

   Does anybody have factual information on a case where some one
   successfully sued someone for an alleged defective experimental
   aircraft? I don't think such a case exist.


   Paul Lamar


I don't have Lexus/Nexus access, but there sure is a lot of legal activity out there if there were no suits:

Scott Gettings

See:
http://www.avweb.com/news/avlaw/181900-1.html#exclupatory

http://www.homebuilt.org/misc/purchase.html

http://www.rarmlaw.com/legalrisks.htm

http://www.aviationlawcorp.com/content/liabhomeblt.html#exposure