Wednesday, January 25, 2006

WSJ.com - A Cold Calculus Leads Cryonauts To Put Assets on Ice

WSJ.com - A Cold Calculus Leads Cryonauts To Put Assets on Ice: "You can't take it with you. So Arizona resort operator David Pizer has a plan to come back and get it.

Like some 1,000 other members of the 'cryonics' movement, Mr. Pizer has made arrangements to have his body frozen in liquid nitrogen as soon as possible after he dies. In this way, Mr. Pizer, a heavy-set, philosophical man who is 64 years old, hopes to be revived sometime in the future when medicine has advanced far beyond where it stands today.

And because Mr. Pizer doesn't wish to return a pauper, he's taken an additional step: He's left his money to himself.

With the help of an estate planner, Mr. Pizer has created legal arrangements for a financial trust that will manage his roughly $10 million in land and stock holdings until he is re-animated. Mr. Pizer says that with his money earning interest while he is frozen, he could wake up in 100 years the 'richest man in the world.'"

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