Next Avenue: What happens to the assets of all those people who are frozen cryonically at death?

This article is reprinted by permission from NextAvenue.org.

Maybe you’re intrigued by the thought of having your body scientifically frozen when you die, on the chance you’ll be revived one day (cryonics). But the thought of having no ready access to funds when you’re thawed would have your head spinning like a polar vortex. Chill.

From the good-news-you-probably-never-thought-you’d-need department, the legal community has an estate-planning answer for self-preservation that will warm your heart: It’s called a revival trust, also known as a future income trust.

What is a revival trust?

A revival trust sets aside your assets, usually under supervision by a lawyer or another professional, so if science progresses to the point that you can live a second time, there’ll be money for you to relive on.

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