💰 Trust

[zspencer]

• A 💰 Trust #4:
  • Receives tax-deductible 📈Asset #7 donations of excess wealth from one or more 💸👨🏻‍💼 Funder #6.
  • Is democratically directed by every 💪🏽🧑🏽‍🔧Benificiary #5 (and 💸👨🏻‍💼 Funder #6?)
  • Is stewarded by its 💰👩🏽‍💼 Treasurer #9
  • Makes a 💸 Payout #8 at intervals to every eligible 💪🏽🧑🏽‍🔧Benificiary #5

Democratic Direction

• There are several Affordances meaningful to 💪🏽🧑🏽‍🔧Benificiary #5 that seem ripe for democratic direction
  • Trust::Lifespan (i.e. 30 years? 10 years? Perpetuity?)
  • Payout::Floor (i.e. $100? $500? $5,000?)
  • Payout::Frequency (Weekly? Monthly? Quarterly? Yearly?)
• These affordances may conflict with each other: A 4 💪🏽🧑🏽‍🔧Benificiary #5 💰 Trust #4 with a $5,000 Weekly 💸 Payout #8 with an 📈Asset #7 value of $20,000 would have a lifespan of a single week; even if every 💪🏽🧑🏽‍🔧Benificiary #5 requested a 💰 Trust #4 Lifespan of Perpetuity.
• This indicates that some of these affordances must be inputs and others must be outputs. For example; a 💰 Trust #4 Lifespan and 💸 Payout #8 Floor could be democratically set while the 💸 Payout #8 Frequency remains variable.
• In a Magical Fancy Happy World; which of these Affordances are inputs and which are outputs could also be under democratic direction.
• There are also several Predictions that may benefit from democratic direction, such as:
  • Funder::Contribution::Rate - As additional Contributions increase the Trust's Asset Value, increasing its Lifespan
  • Asset::Income::Rate - As income from Trust's Assets may also increase its lifespan.