Proposal for a Perpetual Care Cemetery Trust and Cryonics Insurance Revival Trust - Supported by Historical Gold-Clause Instruments and Lawful Money Reserves

This paper formalizes a proposal submitted to the Board of the Cryonics Institute for the establishment of a Perpetual Care Cemetery Trust—or an equivalent permanent charitable or fiduciary structure—to protect and administer the long-term preservation funds of cryonically preserved members. The proposal is designed to complement ongoing work on an affordable multi-person Revival Trust and is framed as an inquiry into legal requirements rather than a commitment by the Institute to create a bank or expend significant resources. The author also presents independent historical and legal research on gold-clause railroad mortgage bonds and interest coupons (primarily New York Central and Pennsylvania Railroad instruments). Drawing on the Joint Resolutions of 1933 and 1935, relevant Supreme Court decisions, historical Federal Reserve Bank of New York coupon-exchange practices, and the author’s prior interactions with the IRS and the Office of the Comptroller of the Currency, the paper examines whether these instruments could, if authenticated and established as redeemable, serve as a capital base for a private Cryonics Insurance and Revival Trust. The author states an intention to pursue this independently and, if successful, to direct proceeds toward the Cryonics Institute and broader humanitarian cryonics objectives. **Keywords:** cryonics, revival trust, perpetual care, gold clause, railroad bonds, National Bank Act, Cryonics Institute, lawful money

Authors

Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2026-11-08
DOI
https://doi.org/10.5281/zenodo.24056531
Primary Topic
Insurance and Financial Risk Management
Type
article
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article

Proposal for a Perpetual Care Cemetery Trust and Cryonics Insurance Revival Trust - Supported by Historical Gold-Clause Instruments and Lawful Money Reserves

Daniel Izzo
1 links
Zenodo (CERN European Organization for Nuclear Research)
Insurance and Financial Risk Management
article

Proposal for a Perpetual Care Cemetery Trust and Cryonics Insurance Revival Trust - Supported by Historical Gold-Clause Instruments and Lawful Money Reserves

Daniel Izzo
article en

Abstract

This paper formalizes a proposal submitted to the Board of the Cryonics Institute for the establishment of a Perpetual Care Cemetery Trust—or an equivalent permanent charitable or fiduciary structure—to protect and administer the long-term preservation funds of cryonically preserved members. The proposal is designed to complement ongoing work on an affordable multi-person Revival Trust and is framed as an inquiry into legal requirements rather than a commitment by the Institute to create a bank or expend significant resources. The author also presents independent historical and legal research on gold-clause railroad mortgage bonds and interest coupons (primarily New York Central and Pennsylvania Railroad instruments). Drawing on the Joint Resolutions of 1933 and 1935, relevant Supreme Court decisions, historical Federal Reserve Bank of New York coupon-exchange practices, and the author’s prior interactions with the IRS and the Office of the Comptroller of the Currency, the paper examines whether these instruments could, if authenticated and established as redeemable, serve as a capital base for a private Cryonics Insurance and Revival Trust. The author states an intention to pursue this independently and, if successful, to direct proceeds toward the Cryonics Institute and broader humanitarian cryonics objectives. **Keywords:** cryonics, revival trust, perpetual care, gold clause, railroad bonds, National Bank Act, Cryonics Institute, lawful money

Zenodo (CERN European Organization for Nuclear Research)
Insurance and Financial Risk Management
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