Cytosine: “Some people claim that wealth preservation trusts will make cryonics look even more ridiculous. I am not so sure about that.”
COMMENT: There is nothing ridiculous nor sinister if someone saves for the future. It is The American Way. According to the Wall Street Journal, David Pizer years ago established a 10-million Dollars trust, which he will have when he (and his family) are reanimated in the future. His 10-million Dollar trust and other such multi-million Dollar trusts did not create a wave of outrage and wealth confiscation across America. Cryo preservation in this country was possible only because wealthy individuals supported it. Deny them this option and cryo support declines considerably.
Most income is being taxed. Trusts are no exception. As for the claim that Germany and/or France confiscates wealth by taxing wealth, it is an utter BULL. Both Germany and France have and will continue to have plenty of billionaires who do not feel threatened, or liquidated by their country’s tax systems. Even if those countries in the future would change their tax systems, US will not adapt their tax laws.
I thing that for example wealthy Dave Pizer would be extremely neglect if he failed to provide living resources for himself and his family after their reanimation.
Here is the link to the Wall Street Journal article about cryo trusts:
http://online.wsj.com/public/article_print/SB113780314900652582-3NZCCoZBW7UHDmouEOrkzkalkfY_20060129.html