X-Message-Number: 14130
Date: Thu, 20 Jul 2000 16:59:48 -0500
From: david pizer <>
Subject: Re: CryoNet #14113 - #14118

How to take it with you.

From: "John de Rivaz" <>
>References: <>
>Subject: Re: Taking it with you AND helping cryonics
>Date: Tue, 18 Jul 2000 11:10:03 +0100

>I wonder if it would be possible to create a "manufactured product" here.
>Suppose that it cost $25,000 in lawyers fees to create the trust document
>and you think that 100 people may buy one in the next ten years (or whatever
>period you set) then you can set the price at $250 If you sell more you make
>a profit, less then not - as with any manufacturing operation. If course
>there is always the risk that the lawyer will take fees and in the end you
>and he both agree that the project won't work anyway because of facts about
>the law he has researched and discovered for you.

If one uses a charitable lead trust it should be possible to develop that
for $10,000 or less.  (Of course, the idea in this type of trust may not
appeal to everyone - but I think it may turn out to be the best when all
aspects are considered and verified).

If 10 people went in on this, it would be $1,000 each.   

>The thing that is not clear to me in your initial article is how as
>originator of the trust, the owner, can take back money from it. 

In a charitable lead trust, the charity you name gets the income off the
assets for a certain time and at the end of that time of at some other
named event, the assets go to someone else which might be you (the person
who set it up in the first place) being reanimated in the future.

The good thing about this is the assets are being used and guarded by the
charity you select (in my case the Society for Venturism).  So the Society
is using the income to do cryonics things like fund research (all which I
want to see get done while I am in a frozen state).  And then I get the
appreciated asset back when/if I come back.


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