X-Message-Number: 13535 From: "John de Rivaz" <> References: <> Subject: Re: Dave's Land Date: Wed, 12 Apr 2000 11:39:16 +0100 How about offering chalets, villas or whatever they are called as investments for young cryonicists on a basis similar to what follows: The investor buys *a lifetime interest* in a chalet for a fixed sum represented by a cash advance and a loan, arranged by the organisers on behalf of the investor with a third party such as a finance company. The capital and interest for the loan is repaid by rental received (less maintenance and expenses) by the organisers. The lifetime interest reverts to the cryonics organisation of the investor's choice when he is cryopreserved. The investor supports the loan either by life insurance for the term of the loan or it appears as a debit against his estate. (He would need to satisfy the organisers that his estate is big enough for this option.) An even more powerful financial option if for an interest only loan arranged with the capital being repaid by a debt on an estate. (Assuming that US law puts such debts ahead of taxes.) Given that inflation put the rents up for these chalets and the investor is relatively young, then as time progresses the rent will exceed the loan and the investor will receive an income from his chalet. In addition, if US law permits short term letting of residential property and the organisers can find enough non-cryonicists to rent on this basis, the investor could claim occupancy of his chalet towards the end of his life in the circumstances that have been discussed on Cryonet. All these ideas, and others as may be modified by members of this list, could be incorporated into a "manufactured legal document" (like a life insurance trust) so that all investors have to do is to write checks and not bother about being ripped off by lawyers (unless they want everything doubled checked for their own reassurance). Of course to non-cryonicist the "life time interest" will look ridiculously expensive, as obviously the purchase price would have to take into consideration the fact that whatever it is called in legal terms, value is being passed from the estate organisers to the cryonics organisation. The point of all this is to make it appear in legal terms that money is not changing hands to do the cryopreservation, the chalet is just reverting as per a (then) old contract. It seems to me that this could be a third way of funding cryopreservation for those to whom both technology investment or life insurance do not appeal. I hope this is a starting point for a detailed debate rather than just general acceptance or rejection. -- Sincerely, John de Rivaz my homepage links to Longevity Report, Fractal Report, my singles club for people in Cornwall, music, Inventors' report, an autobio and various other projects: http://geocities.yahoo.com/longevityrpt ----- Original Message ----- From: CryoNet <> To: <> > Message #13506 > From: "Scott Badger" <> > References: <> > Subject: Re: Dave's Land > Date: Sun, 9 Apr 2000 08:53:18 -0500 > Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=13535