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By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com. FUNCTIONS OF A TRUST PROTECTOR DURING BIOSTASIS AND AT THE TIME OF CRYOGENIC REVIVAL.
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By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com
FUNCTIONS OF ATRUST PROTECTORDURING BIOSTASIS AND AT THE TIME OF CRYOGENIC REVIVAL
FACT PATTERNMr. and Mrs. Cryonic:Establish Trust to Hold and Preserve Assets During Biostasis and for Their Revival
OUTLINE • Role of Trust Protector – General • Who should serve as Trust Protector • Role of Trust Protector during Biostasis • Role of Trust Protector during Cryogenic Revival • Compensation of Trust Protector • Liability and Indemnification for Trust Protector
GENERAL ROLE OFTRUST PROTECTOR:AMEND TRUST – FLEXIBILITY FOR LEGAL OR FACTUAL CHANGES
INSTITUTIONS? Too ConservativeFAMILY AND BENEFICIARIES? Not independentLAW FIRMS, ACCOUNTING FIRMS