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Thursday, March 14th, 2019 12:48 pm (UTC)
I think I first heard about this, ages ago, in a mystery novel where it was a plot point, and it was made explicit that they had been outlawed because, if the group was small, the money could be a motive for murder. So, probably safe if it's something like, everyone in a 900-person graduating class pays dues until the 20th reunion, but not if it's a small group and something of real value goes to the last survivor.

And of course some perfectly ordinary and acceptable wills/inheritance schemes have the same flaw of possibly being a motive for murder. Nobody outside a mystery novel is likely to blink at something like "all my belongings to be divided equally among those of my children who outlive me."

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