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Possible Legal Rights of Cryogenically Revived PersonsChristopher Segapage 3 of 4 Preserved Embryos and Sperm The sperm and egg are from different donors, and each possesses property rights to the fetus. The rights that the fetus has as an heir or descendant are contingent on its being preserved, which means that there are no real rights. Yet that contingent interest will vest because it becomes fixed after gestation is completed. By analogy, we can consider that a revived person is an heir of the person who was preserved. Thus, while she is in biostasis, the interest is contingent on the property interests. After he or she is revived, that contingent interest will vest. Transgendered Persons Obligations Some questions arise. If life insurance was paid upon a person's death, should the insurance company be reimbursed when the person is revived? Should they be reimbursed for the value of the death benefit at the time of death or for the value to which those assets have grown during the period of suspension? There might be an impact on marital status. If the revived person takes a new spouse who already has children, what are her obligations to them? The answer to these questions depends on whether the revived person is defined as the same person, an heir or descendant, or a completely new person. Protecting Rights A preserved person should consider where he or she wants to be domiciled. Choose a jurisdiction that has repealed the Rule Against Perpetuities. Select one that permits dynasty trusts so the person can take advantage of the fact that property can be held indefinitely until revival. Similarly, a preserved person may want to have property maintenance trusts. These are trusts that hold assets to maintain homes or other property that you plan to re-inhabit upon revival. Finally, estate taxes are due upon death. A person who plans to undergo cyrogenic preservation should ask whether there is a way to assure that she gets these back when she is revived. <previous page 1 2 3 4 next page> |
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