X-Message-Number: 1076 From: (Timothy Freeman) Newsgroups: sci.cryonics Subject: Re: Bank Accounts for the Suspended? Message-ID: <> Date: 29 Jul 92 15:17:45 GMT References: <> In article <> (Paul Bonneau,,) writes: A quick question. It seems to me that being declared legally dead while in suspension is a double-edged sword. It allows you to collect the life insurance policy that pays for the suspension, but it likely prevents you from having a bank account or investments like, say, a mutual fund. ... Is there any way around this? The main obstacle is the "Rule Against Perpetuities", which means that your will cannot put restrictions on what happens to your wealth forever after your legal death. A small country named Liechtenstein that borders Switzerland and Austria does not have a Rule Against Perpetuites, and Saul Kent has set up an organization called The Reanimation Foundation to take advantage of this. Here's the blurb from Kevin Brown's list of cryonics-related organizations: The Reanimation Foundation is set up to enable you to "take it with you" and provide financial support for your reanimation, reeducation, and reentry. It is based in Liechtenstein, which does not have a Rule Against Perpetuities, and thus allows financial assets to be owned by a person long after the person is declared legally dead. Reanimation Foundation c/o Saul Kent 16280 Whispering Spur Riverside, CA 92504 (800) 841-LIFE It seems to me that depositing your money with this organization is essentially creating a rich and therefore powerful entity that is going to lose lots of money if you get reanimated. I feel uneasy betting my life that this organization will prefer to pursue its stated purpose rather than its own self-perpetuation. On the other hand, I don't know any better way to deal with this situation. Caveat emptor. (Insert legalistic boilerplate here about this not being an offer of any kind, and you'd better get and read a prospectus, and so forth.) -- Tim Freeman <> CompuServe ID 71045,2267 checked occasionally. When they took the fourth amendment, I was silent because I don't deal drugs. When they took the sixth amendment, I kept quiet because I know I'm innocent. When they took the second amendment, I said nothing because I don't own a gun. Now they've come for the first amendment, and I can't say anything at all. Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=1076