X-Message-Number: 9199 Date: Tue, 24 Feb 1998 02:39:06 -1000 From: L Hardy <> Subject: Re: CryoNet #9191 - #9198 References: <> > >> Message #9185 > >> Date: Sat, 21 Feb 1998 12:16:36 -0700 (MST) > >> From: (Dave & Trudy Pizer) > >> Subject: perpetual tursts > >> > >> I have heard through indirect sources that some states are now allowing > >> perpetual trusts or something like them. > >> > >> This might be valuable for a cryoncist that wants to leave him-her/self some > >> money. > >> > >> Does anyone have any new information on this? > >> > >> Dave > > > >Allen wrote: > > > >I work with trust as a normal course of my business, and write trusts as a > >hobby, If I were to set up a trust for myself, I would use the "higher law" > >rather than "statute law", we don't know what the future holds for mans > >legislated laws, they change by a whim. If you use the "laws of God" (in Jesus > >Christ's name) (A.D.), (weather you believe he exists or not), this is the > >higher law in this country (based on common usage's) and most of the civilized > >christian world, as such (the Law of God) will not likely be overturned. This > >kind of Trust can be written to be perpetual, regardless what the state laws or > >country says, because it is higher law. For instances of this examine an older > >non-incorporated church document. Does this kind of churches ask for > permission > >from the states or man (at all) to do anything? The answer is NO... A > >perpetual trust can be written using this law as its basis, it will work for > >this purpose nicely. > > > >Allen H. at > > This sounds interesting but not possible to write. Remember the government > has laws against peretual trusts. They don't want money tied up forever > where they can't get taxes. Then tell me about the many hundreds of thousands of (over 400,000 in the USA alone) churches that don't pay taxes at all and have assets tied up perpetually. Does the government laws affect these? Only if they are corporations... > How could an individual leaving money to himself when he gets unfrozen write > it so that higher laws apply. he doesn't write it after, but writes an instrument or contract before. We are not talking about mans law here, mans laws don't apply... when you invoke Gods law. > A person is not Jesus? Doesn't mean that followers of Jesus's law cannot invoke his law if they know how. > If a person claims to be, he would be attacked even faster by the government. I never suggested a person should claim to be Jesus... > A trust (as you know) is sometimes attacked by relatives or the government. > It has to pass standards. Most trusts are not public so the money can get > passed on the someone else before others (who might challange it) even know > what has happened. You are speaking about "living trusts", a statute entity, which must follow rules and regulations as specified within its corpus or assumed if not specified otherwise. It is governed by the law that created it exclusively. You are speaking in ignorance about Trusts in general... There are many kinds of trusts and each have there own specific things they can accomplish according to how they are created and operated, and what law they are created by. > But a trust leaving money to a helpless person laying frozen for 100 or more > years is going to be vunerable. This is true, how can you avoid this? Would you rather try to set up something and know that at least you did your best, or do nothing. > Do you know any lawyers who have written one? No I don't, nor do I think that most lawyers could write one... Lawyers practice laws of man, and have have few clues regarding laws of God... Ask them for yourself... > Do you know any methods in a more conventional way? Of course, but I don't think that I for my self would trust them as much... Here is a list of things you could do... You could give it to your spouse in trust. He/she will likely spend it on lots of clothes and gifts for their new mate, after you are gone. You could give it to your sons and daughters in trust, they will likely powder-up their nose, buy a fast car, and finally have that big party now that you are gone. You could give it to a friend in trust, when he dies he will give it to his friend, who will give it to his friend and he will buy a nice bungalow in Belize. You could bury it in a hole and hope that you still have memories in tact when you are waken to hopefully find it, if the location you buried it in doesn't have a sky rise located over it. You could bury it in an abandon mine shaft, and hope someone doesn't discover gold while you are gone. You could give your money to your attorney, in trust. I'm sure that he will thank you for paying for the payments on his golf membership for the next 20 years. Maybe if you are fortunate, you could just keep living... Is there any way you can insure that your money will still be there? I think not. I think that the best way is to give it to a charity you create (be the founder) and become a charity case in the future. Become a Lazerous Long... Or take your knowledge that gave you money in the first place, with you... write it down in a book, put it into the library of congress, it will likely survive. You shouldn't have any problem quickly rebuilding your empire. Ultimately, if you want to insure you have money in the future you have to trust someone, or pay someone, and hope they follow through with their promises. Yes, I believe that an agreement based on a Trusting relationship can be made that can trans time. And, you should know that a trust agreement can be written by any two parties without an attorney, that is completly lawful, and they can use any avaliable law they choose in its formation, so long as the law that is being used is described in its corpus. At present, and until proven otherwise, Gods law is the highest law of our land, the higher courts have up held this to date. Allen H... Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=9199