By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100

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By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 [email protected]

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By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 [email protected]. FUNCTIONS OF A TRUST PROTECTOR DURING BIOSTASIS AND AT THE TIME OF CRYOGENIC REVIVAL. - PowerPoint PPT Presentation

Transcript of By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100

By: John P. DedonOdin, Feldman & Pittleman, P.C.9302 Lee Highway, Suite 1100

Fairfax, Virginia 22031(703) 218-2131

[email protected]

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FUNCTIONS OF ATRUST PROTECTOR

DURING BIOSTASIS AND AT THE TIME OF

CRYOGENIC REVIVAL

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FACT PATTERNMr. and Mrs. Cryonic:Establish Trust to Hold and Preserve Assets

During Biostasis and for Their Revival

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OUTLINE

A. Role of Trust Protector – General

B. Who should serve as Trust Protector

C. Role of Trust Protector during Biostasis

D. Role of Trust Protector during Cryogenic Revival

E. Compensation of Trust Protector

F. Liability and Indemnification for Trust Protector

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WHO IS TRUSTEE - INSTITUTION

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GENERAL ROLE OFTRUST PROTECTOR:

AMEND TRUST – FLEXIBILITY FOR LEGAL OR FACTUAL

CHANGES

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WHO SHOULD SERVE AS TRUST PROTECTOR

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INSTITUTIONS? Too Conservative

FAMILY AND BENEFICIARIES? Not independent

LAW FIRMS, ACCOUNTING FIRMS

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TRUST PROTECTORIS A

FIDUCIARY

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CHANGE OF SITUS OF TRUST

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REMOVE OR ADD TRUSTEE

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APPROVE OR DECLINE DISTRIBUTIONS

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WHAT TRUST PROTECTOR SHOULD NOT DO

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ROLE OF TRUST PROTECTOR IN BIOSTASIS

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BIOSTASIS AND ALCOR

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BIOSTASIS AND LITIGATION

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BIOSTASIS AND OTHER RETAINED ASSISTANCE

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ROLE OF TRUST PROTECTOR IN CRYOGENIC REVIVAL

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PERMENANCE?

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COMPENSATION OF TRUST PROTECTOR

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LIABILITY AND INDEMNIFICATION FOR TRUST

PROTECTOR