X-Message-Number: 11014
Date: Sat, 2 Jan 1999 10:40:19 EST
Subject: Re: CryoNet #11005 - #11010

To Steve Bridge
I am not an accountant or a lawyer, nor do I know anything about estate
planning and I do not mean to drag out ths discussion of escrow accounts
however, I am a Real Estate Developer and we do this all the time and there is
not any work to speak of.  I have clients that will enter into a deal and
leave a deposit with the Brokerage Agency which they put in an escrow account.
This is not income to the Brokers and they release it upon request.  For the
Brokers it is a non-event.  The only work required is to make a record of the
deposit.  I have monies that have been sitting in their for years that I have
just never bothered to collect, at least not yet.  So it occured to me, why
couldn't this work for Alcor, an organization with an obvious interest in
making this work.  If not Alcor, a separate entity created for this purpose
overseen by Alcor.  Alcor(or whoever) could even be paid for this service and
still be non-profit.  Trusting that our money will still be there in 500 years
is difficult enough, but if we have to trust someone, who can we trust more
than Alcor?

I am sure that there are some techinical problems with this, but reading the
discussions on money these past few months, it seems that we are all trying to
fit a square peg in a round hole.  Rather that try and make something work
that just doesn't in our current system, maybe we should focus on the path of
least resistance.  Which method has the fewest obstacles to overcome?
Rick Pierce

Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=11014