X-Message-Number: 27508 From: "Trudy Pizer" <> Subject: response Date: Sun, 22 Jan 2006 08:14:59 -0800 Response to worried people like Basie. From David Pizer Basie said: "It is my view leaving a large sum of assets to oneself invites trouble. All a disgruntled relative has to do is to destroy the frozen patient (including some other suspended patients in the process) in order to convince courts to let him\her have the assets. I think it is better to hide gold coins in a national park" ================= My response is that there are ways to protect oneself in their trust. For instance you can put clauses that say to the effect that if a relative cooperates he/she will get some of the money, but if they oppose your efforts they will get nothing. You can put a clause that says if the trust is broken NO person gets the money and it ALL goes to some charity. (Pick one your untrustworthy relative hates). Trusts are different than wills. Leaving your money in a will is risky because wills have to go through probate and they can be challanged. Trusts suffer no such problem. The relative, if not named in the trust, may not even know about it, and even if he/she does, the relative not mentioned has no standing. On the other hand, Basie is correct that relatives can be one's worst problem when trying to take it with you. This is because the courts assumes they shoud have more influence and obligation due them. I suspect those of us who are trying to take our money with us have thought these things through and taken corrective steps, which we may not want to reveal in public. Who is to say that besides trusts we havn't hidden some additional assets also. Old cryonics saying "don't put all your eggs in one trust basket." If we have hidden gold coins in public parks we are not going to tell anyone. Lastly, one can get on a public forum like Cryonet and leave a trail when they say that they don't want to leave any of their money to any of their relatives. That's the case in my case anyhow. Trudy and I want to leave our money to ourselves. One of the main reasons I agreed to be interviewed was that I thought the article might influence wealthy people to give more consideration to looking into cryonics. I think the article was well done and very positive for us. David Content-Type: text/html; [ AUTOMATICALLY SKIPPING HTML ENCODING! ] Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=27508