This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
| less than a minute read

Billionaires are freezing themselves to defy death

Estate lawyers like House are pioneering the concept of "revival trusts" to ensure that those who opt for cryopreservation can also preserve their wealth. This idea is akin to a dynasty trust used by the super-rich in the US, to bypass federal tax when transferring large amounts of wealth through generations. The unique aspect of a revival trust is that the wealth is being passed down to oneself in the future.

Interestingly, these affluent individuals are not just looking to preserve their lives but also their wealth for potential future revival.

Tags

wealth management, wealth transfer