"Hundreds of years from now it will not matter what my bank account was, the sort of house I lived in or the type of car I drove... But the world may be different because I did something so bafflingly crazy that it becomes a tourist destination"
James Whitelaw wrote:Given the idea incorporates a PEP system of accreditation, legal liability could theoretically extend beyond the non-profit and its officers (IANAL, so take w/ grain of salt). If the PEP system is seen to violate the Equal Opportunity Act or associated State laws there could be issues there if someone filed a complaint.
Good point, we weren't trying to avoid taxes but that's worth considering. Maybe Otis would set his PEPper up with some money to offset the taxes...James Whitelaw wrote:For the land transfer as outlined, Is the idea of “Otis” putting the PEPer on the last will and testament a way of avoiding taxes, because it will not work if I understand estate law in most states.
Assuming you meant "put", that's a good one!James Whitelaw wrote:In many cases the best way transfer a property is to simply but the person(s) on the deed.
Sure, that could happen with any land share situation. We're not intending to fix that so all parties need to always do their due diligence.James Whitelaw wrote:Then there is the relationship between Otis & the PEPper. That seems like it could be a real issue, putting the PEPper in a position akin to indentured servitude. Otis could extract all sorts of favors from PEPper. That opportunity for abuse could go the other way and a resident PEPper could torture an enfeebled Otis who has become totally reliant on the PEPper who in this case turned out to have mental health issues previously undetected by the non-profit. That’s the way the nephew will frame it.
Great to know, thanks!James Whitelaw wrote:Non-Profits can limp along on almost nothing, but from what we see in the ability to get grants the low end of annual budgets skitters along around $10,000 to $20,000 a year.
Thanks!James Whitelaw wrote:Here is an article on efforts to match people to farms
"Hundreds of years from now it will not matter what my bank account was, the sort of house I lived in or the type of car I drove... But the world may be different because I did something so bafflingly crazy that it becomes a tourist destination"
Mike Haasl wrote:Paul thinks that PEP4 is the gold standard for a capable, self sufficient permaculture homesteader. I'm thinking a candidate somewhere in the PEP2 to PEP3 range would be good enough in many cases. It can be up to Otis if he wants to set a minimum criteria for his heir
Strong communities make police obsolete.
"Hundreds of years from now it will not matter what my bank account was, the sort of house I lived in or the type of car I drove... But the world may be different because I did something so bafflingly crazy that it becomes a tourist destination"
Please give me your thoughts on my Affordable, double-paned earthbag window concept
Good decisions come from experience. Experience comes from making bad decisions. Mark Twain
Good decisions come from experience. Experience comes from making bad decisions. Mark Twain
Put a gun against his head, pulled my trigger, now he's dead, that tiny ad sure bled
Rocket Mass Heater Manual - now free for a while
https://permies.com/goodies/8/rmhman
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