Chapter 3 Kwok Family Trust

……

After rolling his eyes at Guo Shouyun, "I'm here to worship Grandpa Guo!"

Hearing this, Guo Shouyun nodded, and his expression became depressed. inherited all the memories of Bruce Guo, and naturally was also affected by this memory.

"Little Bruce, don't be upset. Although Uncle Guo is gone, we are still there!" Mary rubbed Guo Shouyun's head lovingly.

Although Mary's comfort touched Guo Shouyun's heart, he still felt embarrassed that he had lived for more than 50 years in his two lives and was 'caressed' like a child by a woman in front of everyone.

Blair obviously noticed his abnormality, and immediately smiled: "Okay Mary, Bruce is nineteen years old and an adult. ”

"No matter how old he is, in my eyes, little Bruce will always be the same kid like Gordon, chasing me for milk!"

Hearing this, Guo Shouyun was so embarrassed that his face was half reddened.

"Haha...!"

It was rare to see him like this, and Mata Lincoln laughed uncontrollably.

Hearing the laughter of her son and husband, and seeing the embarrassment on Guo Shouyun's face, Mary couldn't help but smile.

"It's a pity that Catherine had to prepare her master's thesis, and Gordon was still serving in the military in Hawaii, otherwise we would have been able to celebrate Bruce Jr.'s healthy discharge from the hospital together. ”

"Mary, be happy. There's still a lot of time to get together in the future. Blair comforted his wife.

The latter nodded and beckoned Guo Shouyun, her husband and son to a small two-story building not far from the right side of the villa. This is Lincoln's house, Guo Shouyun spent his childhood here, and he is naturally very familiar with it.

Mary's cooking skills are good, and the barbecue is especially authentic. So for the first meal since rebirth, Guo Shouyun can be said to be satisfied. Because I have to go to see a lawyer the next day to handle the matter of the will. Therefore, Guo Shouyun left Guo's farm with Mata Lincoln, who was also going back to work in Berkeley.

Of course, before returning to San Francisco, he still had to pay homage to Guo Jiancheng, who had been buried.

……

Looking at the photos on the tombstone that had become familiar, Guo Jiancheng put the white carnation in his hand aside. At the same time, he said silently in his heart: "Although I am no longer the original Guo Shouyun, to some extent, I can be regarded as inheriting everything from him." Therefore, you will be my adoptive father in the future, and I will come to worship you every Qingming and Chinese New Year's Eve!"

"Bruce, don't be sad, you still have all of us!"

Looking at Mata's comforting eyes, Guo Shouyun nodded. After glancing at the picture on the tombstone again, he slowly turned around.

"Let's go. ”

The two of them went out of the cemetery together.

Because the next road is different, the two will go their separate ways from here.

"Don't forget what I told you!"

Guo Shouyun said before getting on the bus.

Mata Lincoln nodded.

"Yes, I'll let you know when it's done. But don't you like the Internet, and when are you ready to invest again?"

"You'll understand later!"

Seeing that Guo Shouyun was reluctant to say more, Mata Lincoln didn't ask much. In the United States, respect for individual privacy is basic common sense.

"Goodbye then!"

"Goodbye!"

After separating from Mata Lincoln, Guo Shouyun drove to the San Francisco office of Baker McKenzie.

"Hello sir, can I help you?"

The front desk lady said respectfully.

"I made an appointment with Attorney George Davis!"

"Okay, please wait a minute!"

After Guo Shouyun nodded, the front desk lady picked up the phone on the table and dialed it and asked a few words.

"Sir, please wait a moment in the rest area over there, Attorney Davis will be coming to see you soon!"

After thanking him, Guo Shouyun walked to the rest area on the right side of the hall, but before he could sit down, a young black man in a neat suit strode out of the office area inside, and his eyes were happy when he saw him, and he took the initiative to come over.

"Hello, are you Mr. Bruce Guo?"

"I am!"

"I'm Attorney Davis's assistant, and my name is Mike!"

"Hello!"

The two sides simply shook hands.

"Mr. Guo, please come with me! Lawyer Davis is already waiting for you in the VIP room!"

Guo Shouyun nodded, followed him through the work area, and walked into an elegantly decorated reception room, after he entered, a middle-aged white man dressed as a successful person in a dark Armani suit and a Vacheron Constantin limited edition watch on his right wrist stood up with a smile on his face.

"Hello Mr. Guo, I am George Davis, the attorney entrusted by your adoptive father's will. ”

"Hello, Attorney Davis!"

"You may be seated!"

"Thank you!"

"Mr. Guo, did your adoptive father mention it to you before his death?"

"I mentioned it!"

Because of the high gift tax and inheritance tax, it is normal in the United States to set up a will in advance and reasonably transfer assets to future generations. Although Guo Jiancheng is Chinese at heart, he has long been in the United States for so many years.

"That's easy!"

Davis nodded, then took out a few documents from his briefcase and handed them to Guo Shouyun.

"Mr. Guo Jiancheng's will is divided into three parts. The first is the establishment of the Kwok Family Trust, which will provide 560 acres of Kwok's Farm and 2 Kwok's fresh food stores, as well as about US$500,000 in cash. According to Mr. Guo Jiancheng's will, you are the sole executor of the Kwok Family Trust Fund worth US$7 million. ”

Wang Zheng nodded, he was not surprised by this. At present, the exemption from inheritance tax and gift tax in the United States is only 750,000 US dollars, and with the total amount of the Guo family's existing assets, if you want to pass on the property to your children like China, 50% of the assets must be taken out to pay inheritance tax. Moreover, after deducting the $3.5 million in inheritance tax, the remaining half will also have to pay personal income tax.

In other words, after the entire tax payment process is completed, only about $2 million of the $7 million assets really belong to Guo Shouyun.

After working hard all his life, no one wants to see the situation before liberation. Therefore, as early as before Guo Jiancheng's death, he talked to Guo Shouyun about the will. The Kwok family trust fund is Guo Jiancheng's chosen tax avoidance. And this is also the most conventional choice for the rich in the United States. As for the higher-level charitable fund, the current scale of the Guo family's assets is not large, and it is not up to the level of the charitable fund.

Second, Mr. Guo Jiancheng has purchased $1 million of insurance for you from the American Life Insurance Company, including $500,000 for life insurance, $300,000 for health insurance, and $200,000 for accident insurance! According to the contract, after 20 years, you can receive $38,000 in cash from the American Life Insurance Company every year until the end of your life. ”

Insurance is also a common type of tax avoidance, and many wealthy people will buy huge insurance for their children before their death to avoid paying taxes.

"Finally, Mr. Guo Jiancheng hopes that you can find his relatives in his hometown on his behalf and help them as much as you can. ”

Guo Shouyun nodded.

Guo Jiancheng has five brothers and sisters, and he has never returned since he was pulled into a strong ding. Later, because of ideological confrontation, he did not have the opportunity to set foot in his hometown again before China's reform and opening up. In the 80s, Guo Shouyun was too young to leave. In the nineties, it was okay, but the body was not. dragged on like this, and until the day of his death, he didn't have a chance to go back to his hometown to see.

Moreover, Guo Jiancheng had mentioned to Guo Shouyun more than once before his death that after his death, he hoped to bring the ashes back to his hometown for burial.

"Mr. Guo, if you don't think there's anything wrong with it, please sign it here!"

Nodding clearly, after carefully reviewing all the contracts, Guo Shouyun signed his name in the designated place.

"Mr. Guo, if you don't have any questions, Mike will accompany you to complete the industrial and commercial tax registration and bank transfer!"

As a gold attorney at Baker & McKenzie, George Davis' attorney fees are calculated on an hourly basis, at $900 per hour. Time is precious and certainly not to be wasted.

Of course, Guo Shouyun can also understand.

"Mr. Davis, you're a business lawyer, aren't you?"

The latter was slightly stunned, then quickly nodded.

Guo Shouyun smiled and stretched out his right hand to the other party.

"I think I will have many opportunities to work with Mr. Davis in the future!"

"Very willing to serve Mr. Guo. ”

George Davis shook Guo Shouyun's right hand, and no one wanted to turn down a client who could bring them a good harvest.

"As for the lawyer's fees this time, I believe my adoptive father has already paid them!"

"In fact, there is still a surplus of the lawyer's fees paid by Mr. Guo Jiancheng, and I will transfer the remaining money to your account after Mr. Guo completes the bank transfer. ”

"Then I'll take my leave!"

Guo Shouyun nodded and said.

"Goodbye!"

After leaving the office of Baker McKenzie, with the help of Mike, he completed the registration of industrial and commercial taxation, and after completing the bank transfer, the Guo family trust, which has assets of $6.5 million and $500,000 in cash, is truly under the control of Guo Shouyun.