X-Message-Number: 1227
Date: Wed, 23 Sep 92 15:17:22 PDT
From:  (Daniel Green)
Subject: CRYONICS Re: Alcor Dues Structure #2 (Harris)

Steven B. Harris writes:

> There is a certain sum in lifetime dues which
> Alcor ought to expect...
>    Thomas points out that the only sure way to get this sum from
> *everyone* who signs up (so that some people do not end up sub-
> sidizing others), is to require it ALL up front, immediately on
> sign-up.  That, unfortunately, is probably not realistic.

What's unrealistic about that?  People that don't have that much
cash could take out a loan.  Personally, I'd rather put the money into
a trust payable to my suspension organization at the time their
services are rendered.  Then if that organization folds prematurly or
if I want to change my mind (or organization) I will be perfectly safe.
If that trust were funded from a loan, I could just as easily empty the
trust and pay off the loan at any time.

Using a trust fund would keep the suspension organizations honest.
Everybody is happy and we don't need to deal with (or pay for) life
insurance or make the suspension organizations double as insurance
companies.

I'm not a financial expert, but I do believe that the simplist solutions
are usually best.  If I'm missing something here please let me know what.

- Daniel Green
  

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