What's the name of this Trust?

Factual Questions
1

(I posted this message last night but it seems to be gone now. Apologies for duplication…)

A while back, in a thread about “what you would do if you won the lottery”, someone mentioned a specific type of trust, called something like a “TanTou Trust” or “TanTon” trust, or something like that.

My Google-Fu has failed me on this search. Does anyone remember the name of this Trust?

Details I remember:

  • The Trust was meant to keep greedy relatives off his back.
  • Each year the trust would distribute a certain percentage of the trust (with investment gains) to all members in good standing.
  • To be in good standing you had to be 1) still alive, and 2) NEVER have asked him for more money. Asking for more money meant immediate removal from the Trust.

Please help me remember…

Thanks a lot,
J.

2

Tontine.

3

THAT’s it!

Thanks a lot,
J.