X-Message-Number: 10843 Date: Fri, 27 Nov 1998 07:48:39 -0500 From: Thomas Donaldson <> Subject: more on THE problem with Trusts Hi again! A fund managed by a cryonics society for the purpose of revival, and possibly giving patients a bit of money (or the equivalent) to help them adjust after their revival, isn't really a trust. The money belongs to the cryonics society, and is managed by it, directly or indirectly. Since the owner of the money continues to exist, there is no issue with the Rule against Perpetuities. John de Rivas is apparently discussing this kind of arrangement. I will add that EVERY cryonics society does this, and it is hardly novel or unusual. It is the means by which you are supported while in suspension. And legally the cryonics society can do what it wishes with the money: your protection comes not from any laws but from the simple fact that a cryonics society whose leaders misuse the money will cease to attract new members, and leave its former leaders totally without any protection (or even suspension!) upon their death. A trust, Stiftung, or whatever, however, might provide a means by which you can leave money to yourself for use on your revival. Thomas Nord is apparently saying that in Sweden such trusts will last indefinitely; given that several prominent cryonicists have searched long and hard for legal jurisdictions in which they might set up a trust which would last indefinitely, I am surprised at his statement. Thomas, certainly your trust will continue while you remain alive. However I'd very much like to know just what rules or laws deal with such trusts after you have been suspended (after being declared "dead"). We know that we can do this is Lichtenstein, and some have taken a good deal of trouble to actually do it there. If they somehow neglected or forgot about Sweden, I'd like to know why and how. Please answer, ideally with a discussion of the laws and rules involved. I also must admit to bemusement, that this discussion of trusts on Cryonet omits any discussion of the major problem involved with them. Best wishes and long long life, Thomas Donaldson Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=10843