X-Message-Number: 14299 Date: Sat, 12 Aug 2000 03:58:43 PST Subject: You can take it with you ... From: Edgar W Swank <> "BlackShark" <> asked in cryomsg 14201 Can we not give the cryonics organization that freezes us a sack of money to invest for us and give it back to us when they re-animate us? Do the cryonics organizations have this sort of thing in place now? If not, why not? Wouldn't this be the best way to ensure financial stability when we come back? You can "give" your sack of money to the American Cryonics Society. You can either set up your own trust, or we will establish a fund in your name. We invest our funds in consultation with a professional financial planner, in a conservative blend of stocks and bonds. Since we are a tax-exempt organization, your fund's earnings are not taxed. They might be taxed when they are returned to you, those tax laws haven't been written yet. You can use ACS as a repository for your excess funds even if you are signed up with another cryonics organization to handle your suspension. Other cryonics organizations, we believe, put your money into a common patient care fund. So give them their minimum funding and give the rest to ACS. This is what I'm doing with the bulk of my estate. Of course, I'm the President of ACS, so I'm prejudiced. And of course, ACS is also handling my suspension. Hey, I'm retired now. I like it. I sure don't want to have to work again! The only other place I'm aware of is the Kent/Faloon Reanimation Foundation, which will keep your money in Lichtenstein. I have some money there also. This is a good second basket for your eggs. Edgar W. Swank <> President - American Cryonics Society http://www.jps.net/cryonics/ ________________________________________________________________ YOU'RE PAYING TOO MUCH FOR THE INTERNET! Juno now offers FREE Internet Access! Try it today - there's no risk! For your FREE software, visit: http://dl.www.juno.com/get/tagj. Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=14299