A relatively small group of people is determined to prove that human remains can be frozen and brought back to life later by scientists. If they are brought back to life, the theory is that scientists would cure such people of any diseases that led to their deaths. The process is known as cryogenics.
Most experts say it is impossible. However, that has not stopped the believers. Many have made plans to have their bodies frozen and preserved after they pass away.
It is impossible to determine where medical science will go. Perhaps, it would be possible someday to bring frozen bodies back to life, and that could create challenges for tax authorities and estate planners as Wealth Management discusses in "Do Zombies Pay Taxes?"
One of the bigger questions is how the estate of a person who dies and is expected to come back to life later, should be taxed and distributed. Governments will have to wrestle with whether any transfer taxes should apply.
The challenges are even greater for people planning their estates. They will need to decide how much of their assets should be set aside for their own future life and how much should be distributed to their families in the interim.
These challenges are not insurmountable. They are also not something that most people need to concern themselves at this time. In the future, such estate planning challenges might be something for which people need to plan. Or perhaps not, if the experts are correct.
Reference: Wealth Management (Dec. 20, 2017) "Do Zombies Pay Taxes?"