The Perpetual Trust: States seem to forget there is a reason why trusts should eventually end.(Column)

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From: Financial Planning
Date: 20041201
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"Oh, to be born as the Sphex wasp is, who wakens to life in the cozy little warren his parents have thoughtfully provided him, along with enough nourishment to sustain him until he in turn must make a warren for his own children, store it with sustenance, and happily die." Now there's a fantasy for our Gilded Age!

Indeed, it was thoughtfully left to us in a previous such age, more than a century ago, by an immensely popular English novelist named Samuel Butler. You can find the line somewhere in his The Way of All Flesh, and I pass it on, paraphrased but true enough to the ...

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