Perpetuities (was Re: [extropy-chat] WSJ: A Cold Calculus Leads Cryonauts To Put Assetson Ice)

[Samantha Atkins]

Wills and trusts do not have to give anything at all to heirs.   I  
think this is a question of definitions.  Surely there are some  
instruments that can be set up to fulfill the originator's wishes  
indefinitely even after her demise or suspension.

- s
On Jan 24, 2006, at 8:30 PM, Keith M. Elis wrote:

> The heirs (in the US) have a case:
>
> http://en.wikipedia.org/wiki/Rule_against_perpetuities
>
> "About half of the states in the United States follow the Uniform
> Statutory Rule Against Perpetuities, which gives a grantor 90 years  
> for
> the interest to vest. If the interest does not vest to some life in
> being within 90 years, the grant will be reformed judicially so it  
> does
> vest."
>
> The common law rule is more generous.
>
> Regardless, I would be pretty surprised to see the first-ever 'revival
> trust' (I wonder if I just coined that...) interpreted by the  
> courts to
> allow an indefinite perpetuity. Anyway, it would be a very interesting
> case. The evidentiary record alone would be valuable as a showcase for
> the best scientific evidence for and against the possibility of
> post-cryonic reanimation.
>
> Keith
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