X-Message-Number: 4711
Date: Wed, 02 Aug 95 13:11:21
From: John de Rivaz <>
Subject: Re: Trusts

In article: <> 
Jin Yount writes:
> Yet another problem with separate trusts is that the income from some or
> all such trusts may be taxable.  The question of the charitable nature of
> cryonics trusts has not yet been tested in the courts.
> 

Couldn't the trusts be domiciled in a tax free country? In fact it would be 
better to have several separate trusts, if funds permit, so if one fails the 
others will still be there. 

In view of the ridiculous costs of setting these trusts up, the cryonics 
organisations ought to get a specimen trust worded which can be used by 
members. Life insurance written in trust is usually done this way - life 
insurance clients don't have to pay a alwyer $100,000 or so to set up the 
trust every time a policy is written in trust. I beleive the Venturists are 
already working on a similar idea, and they have already devoted substantial 
funds to lawyer education in the subject.

-- 
Sincerely,     ****************************************       
               * Publisher of        Longevity Report *
John de Rivaz  *                     Fractal Report   *
               *          details on request          *
               ****************************************
**** What is the point of life if it ends in death? ****


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