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

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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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Page 1: By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com.

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

Fairfax, Virginia 22031(703) 218-2131

[email protected]

Page 2: By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com.

2

FUNCTIONS OF ATRUST PROTECTOR

DURING BIOSTASIS AND AT THE TIME OF

CRYOGENIC REVIVAL

Page 3: By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com.

3

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

During Biostasis and for Their Revival

Page 4: By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com.

4

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

Page 5: By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com.

5

WHO IS TRUSTEE - INSTITUTION

Page 6: By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com.

6

GENERAL ROLE OFTRUST PROTECTOR:

AMEND TRUST – FLEXIBILITY FOR LEGAL OR FACTUAL

CHANGES

Page 7: By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com.

7

WHO SHOULD SERVE AS TRUST PROTECTOR

Page 8: By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com.

8

INSTITUTIONS? Too Conservative

FAMILY AND BENEFICIARIES? Not independent

LAW FIRMS, ACCOUNTING FIRMS

Page 9: By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com.

9

TRUST PROTECTORIS A

FIDUCIARY

Page 10: By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com.

10

CHANGE OF SITUS OF TRUST

Page 11: By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com.

11

REMOVE OR ADD TRUSTEE

Page 12: By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com.

12

APPROVE OR DECLINE DISTRIBUTIONS

Page 13: By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com.

13

WHAT TRUST PROTECTOR SHOULD NOT DO

Page 14: By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com.

14

ROLE OF TRUST PROTECTOR IN BIOSTASIS

Page 15: By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com.

15

BIOSTASIS AND ALCOR

Page 16: By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com.

16

BIOSTASIS AND LITIGATION

Page 17: By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com.

17

BIOSTASIS AND OTHER RETAINED ASSISTANCE

Page 18: By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com.

18

ROLE OF TRUST PROTECTOR IN CRYOGENIC REVIVAL

Page 19: By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com.

19

PERMENANCE?

Page 20: By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com.

20

COMPENSATION OF TRUST PROTECTOR

Page 21: By: John P. Dedon Odin, Feldman & Pittleman, P.C. 9302 Lee Highway, Suite 1100 Fairfax, Virginia 22031 (703) 218-2131 John.Dedon@ofplaw.com.

21

LIABILITY AND INDEMNIFICATION FOR TRUST

PROTECTOR


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