Fermion
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
We don't have any kids and very likely will outlive our parents. I was thinking of who we might leave our money if we die early or if the market is good and we don't manage to spend it all before time catches us.
What if there were a company that you could leave all or part of your assets when you die (if you don't really have any other relative or person you wish to leave an inheritance)? This company would randomly choose X people per year to award a inheritance, the pool of people chosen from those who have signed up to will their own assets. The company would siphon off a small amount (1% or so) as a handling fee. This is the million dollar idea part.
The half baked part is how to make it work in the real world, with less than honest people and greedy tax men.
In an ideal world, this would give you the chance to live a much more luxurious retirement with no downside risk (you leave your assets to the company AFTER you are dead...and it really is true you can't take it with you when you die). In an ideal scenario everyone would have the same net worth and be in the same risk pool and this would be a fair way to potentially receive an inheritance even if you never had a rich aunt.
So many flaws in the idea that it is likely unworkable, but I thought I would throw it out there.
What if there were a company that you could leave all or part of your assets when you die (if you don't really have any other relative or person you wish to leave an inheritance)? This company would randomly choose X people per year to award a inheritance, the pool of people chosen from those who have signed up to will their own assets. The company would siphon off a small amount (1% or so) as a handling fee. This is the million dollar idea part.
The half baked part is how to make it work in the real world, with less than honest people and greedy tax men.
In an ideal world, this would give you the chance to live a much more luxurious retirement with no downside risk (you leave your assets to the company AFTER you are dead...and it really is true you can't take it with you when you die). In an ideal scenario everyone would have the same net worth and be in the same risk pool and this would be a fair way to potentially receive an inheritance even if you never had a rich aunt.
So many flaws in the idea that it is likely unworkable, but I thought I would throw it out there.