Genius remembers in a second [Aishang Novel Network biquge.info] to provide you with wonderful novels to read.

David? Drummond sneered, "Boss, although a twenty-year trust plan is a long time, twenty years is actually a short time for most countries or regions!" This means that if you want to transfer the trust assets to your child when he or she reaches adulthood, you will still have to pay gift tax......"

"Uh......" Song Chen was slightly stunned, "There's such a thing!" Is twenty years still a short time? ”

Yu Wenjie said with a smile: "According to different types of trusts, different contracts, and different periods, different trust combinations can be formed!" If you want to avoid paying gift tax, you can only have a perpetual trust, and if there is a 20-year deadline set, I am afraid that only a few places such as Telavi in the United States can choose! All things being equal, Hong Kong is 8o years, Cayman Islands is 15o years, BVI is 1oo years, and Jersey is 1oo years...... This is a very complicated setting! ”

When the settlor and the trustee formulate the contract, they can flexibly customize various relevant provisions, resulting in different types of family trusts, which are roughly divided into six types: first, revocable trusts; 2. Irrevocable trusts; 3. Discretionary Trust; Fourth, waste trust; 5. Fixed trusts; 6. Perpetual Trust ......

Perpetual trusts may be "forever exempt from transfer tax", so it was not until around 198o that the United States gradually allowed the establishment of permanent trusts, but each state has different regulations, and currently only a dozen states allow the deposit of such trusts. This is possible because there is also the possibility that this statute will be repealed by the government, after all, no statute is fixed, even if it is the highest willing constitution. There is also the possibility of being modified!

Generally speaking, family trusts serve wealthy families with total assets of more than $200 million. But later on, many families used it very widely, and generally wealthy families would also use this tool to plan their inheritance, and it gradually became touted by China's wealthy people.

Generally speaking, the reasons for wealthy people to set up family trusts are different.

Some people do it for the flexibility of their wealth. For example, Song Chen, he is very concerned about whether the family property can really be inherited by his descendants, and the ultimate purpose of doing charity is of course not for charity itself, but to avoid taxes! At this point, Song Chen did not shy away from dealing with Cai Chongxin, Yu Wenjie, and Andrew? Freeman and David? Drummond had made his final request.

Some people are segregated for the safety of their property. Most of the clients are the actual controllers of the enterprise. In practice, the property of enterprises and individuals cannot be clearly defined, and when enterprises face financial crises, personal assets often become the object of debt recovery. The trust assets are stored independently, and their nominal ownership belongs to the trustee and is isolated from other properties of the settlor, trustee and beneficiary.

Therefore, any change in the settlor does not affect the deposit of the trust assets, and the beneficiary is entitled to the benefits of the trust beneficiary rights (rather than the estate itself) and the management authority specified by the trust document. In this way, on the one hand, the creditor has no right to seek recourse against the trust property (unless the trust property is illegally gained), so as to reduce the negative impact of the business risk on the family wealth; In addition, it also prevents the client's family from squandering their wealth in a short period of time.

The most important thing is the Guò Family Trust. No one other than the beneficiary could fight for the estate through a court decision, thus avoiding legal disputes. Of course, to achieve this, you need to plan ahead, and it will be too late to set up a trust before the property is about to be recourse or frozen.

Using trust to avoid taxes and save taxes is one of Song Chen's purposes. In fact, an important purpose of setting up a trust in the U.S. is to save taxes. This has given rise to different forms of trusts, including: QTIps, which allows the spouse to inherit tax-exempt and the settlor to change the beneficiary; QdoTs, which allows non-U.S. spouses to inherit tax-exempt; QpRT。 The settlor is allowed to discount the donated assets at the time of gifting in order to enjoy tax incentives; gsT。 Different types of trusts such as intergenerational transfer tax can be exempted.

There are also intergenerational trusts and family business succession, where the settlor of a family trust sets up a trust for the benefit of several generations, such as the Rockefeller family. In addition, for those who have a family business, it is more necessary to achieve efficient and stable family equity transfer and management during their lifetime, and try to avoid unnecessary changes in the equity structure to prevent unqualified shareholders from entering the enterprise.

"In the United States, many family businesses are managed by family trusts or held by them, which can ensure the control of the company by family members, achieve a stable shareholding structure, and exclude unqualified shareholders; At the same time, we will introduce external managers who will be of great help to the business to manage the company's affairs and realize the long-term development of the family business. ”

"After the establishment of a family trust, the management and use of trust assets are carried out in the name of the trustee, and the settlor has no right or obligation to disclose the operation of the trust assets to the outside world except in special circumstances. When using a family trust, the property is transferred before the settlor's death, avoiding the process of probate. ”

Yu Wenjie introduced some information about family trusts to Song Chen in a very easy-to-understand way, and there are some examples of zài that exist today, and sometimes when Song Chen does not understand special English words, they are interpreted in Chinese, which can be described as easy to understand: "In fact, benefiting from family trusts, at least half of the companies on the global Fortune 5oo list, the descendants of their original founders still have a greater say, such as the Walton family, the Ford family, the Samsung Li family, the Lg Gu family, Carrefour's Harley family, and so on!" ”

Song Chen nodded thoughtfully, then slowly exhaled a breath and said with a smile: "This is another field that is completely unfamiliar to me, so maybe it will be better for them to take a long time, and it can also be gifted to their grandchildren, and it will benefit them for a longer time!" ”

"Do you have any requirements from the boss about this trust plan?" Yu Wenjie asked.

Song Chen replied slowly: "I hope to customize a set of permanent trust plans for each of my children, and the entrusted capital is 10 million US dollars per person!" ”

Ten million dollars, based on the boss's current seven children, is worth 70 million dollars. David? Drummond pondered for a moment and asked, "The group will design the trust plan, and then form a trustee committee." Or is it going directly to a third-party trustee? ”

"I want you guys to give me a professional Jianyì!" Song Chen didn't answer the rhetorical question.

……

Regarding the trust plan for the next generation, Song Chen did not hide it. Therefore, Zhang Ruoxi and several other women quickly knew Song Chen's plans, and Song Chen's mother Li Wan was naturally no exception, and the news quickly reached her ears, and she was very surprised.

But she doesn't understand the trust thing, and Zhao Yuan, who has been getting along well during this time, is obviously no exception, fortunately, there are many people who can ask for ideas at home, and it just so happened that Li Yinxin walked down the escalator with the child in her arms.

She wears a simple ponytail, and her plain face is pure and refined. A simple red lace halterneck sleeveless skirt on her body is very commensurate, outlining her plump and slender body at a glance.

Even Zhao Yuan, who impressed Zhai Kuo with her beauty in the early days, saw such a natural beauty, and had to secretly admire her ingenious and perfect beauty in her heart.

"Trust?"

Li Yinxin is no stranger to this term, she has been dealing with it almost since she was a child, but she has never been in contact with an investment manager who takes care of her assets. She gracefully sat down on the sand next to her mother-in-law and put her son Song Jue on her lap. While saying: "Isn't there a Huasong Fund?" ”

"Is there something wrong?" Li Wan said with concern.

"Not really!" Li Yinxin smiled gently, "Actually, this trust is very simple to say, that is, you hand over the money to a professional to take care of, and negotiate the conditions, the beneficiaries of the trust...... That is, the children will receive a living allowance from the trust fund every month or at a fixed time in the future. But the children themselves can't arbitrarily dispose of the trust assets, which can be regarded as a way to manage money! ”

"This ......" Li Wan couldn't help but glare, "leave the money to someone else to take care of?" If I can't get it back, what should I do if I lose it? ”

"Uh......" Li Yinxin said with a smile, "If you lose it, you can only pay it." However, relatively speaking, those people are financial elites who specialize in preserving the value of assets for the rich. They can hedge their losses through many financial leveraged tools, whether it is wisdom, means, or information access will be much richer than ordinary people! It's hard to make a big profit, and it won't be a big loss! ”

"That'...... Can it save the capital? Li Wan asked.

Li Yinxin thought about it, shook her head and said, "They can't guarantee the principal!" ”

Zhao Yuan said puzzledly: "Didn't Ah Chen do a good job? Why leave the money you already gave to your children to someone else? Isn't that redundant? ”

Li Yinxin explained: "That's not what I said, Aunt Zhao! If you have money, you can't give it to your children all at once, right? What should I do if I use it indiscriminately? It's better to take it out and invest it! Although Ah Chen is doing well, he himself is not a talent who can use financial tools, and his strength is not here! ”

"Oh!" Li Wan nodded as if she didn't understand.

Li Yinxin asked curiously, "How much does it look like?" ”

Li Wan replied: "Listen to Ruoxi, it's 10 million dollars per child!" ”

Ten million dollars...... Li Yinxin nodded silently in her heart. As Song Chen's favorite woman, Li Yinxin knew that although Song Chen currently had a lot of cash, it was all useful! Based on his current children, $70 million is not a small amount.

Ten million dollars will not be a small amount in twenty years, at least it will ensure that the children live a quality of life if Song Chen suddenly falls one day.

Zhao Yuan smiled and said something in Li Wan's ear, Li Wan smiled: "Having said that, Ah Yue should indeed be the happiest person, isn't a pair of twins exactly 20 million US dollars, Ah Chen is even ready for their dowry in the future!" ”

Then, Li Wan said to Li Yinxin with a smile: "Yin Xin, the United States can't help giving birth, you have to work harder!" ”

Li Yinxinqiao's face flushed, and she said, "Mom, it's tired enough to take Xiaojue, so I don't want to give him another one......"

Having said that, Li Yinxin is shy and timid, and her heart is unusually soft. If it is said that being pregnant with Song Jue once shocked her, helpless, and caught off guard, not beating the child is just a simple and kind belief that life should be cherished and respected...... Giving birth to a child for him again, she has lost her previous hesitation, as if everything is going with the flow, and it will come naturally!

I don't know when she started to fall in love with the father of the child.

Even though he didn't know it! She didn't want him to know either!

……

Son was busy.

In the aftermath of the 911 terror, both the U.S. and Japanese stock markets suffered a devastation. The economic situation, which had improved slightly before 911, once again showed a trend of plummeting, and this time the short-selling capital was unprecedentedly fast.

Although the Japanese government has also announced a bailout. But Son Masayoshi only felt that his heart was dripping blood, because the listed assets controlled by SoftBank Group once again fell into a winter-like cold environment, including 8848, Ctrip, and Chenxing Network, which have always been favored by him, and the stock price of the three major Chen Galaxy listed companies was almost cut by the waist.

As a result, SoftBank's stock price inevitably plummeted! Fortunately, SoftBank has bumped and bumped through the past two years, and although 911 is unexpected, it is indeed not as fast as the Nasdaq stock market crash. It's that Son is in a much better position now than last year!

"Song Chen wants to buy back the shares of the three major listed companies?" Mr. Son's tone was understated, smiling as if he were old friends with Mr. Tsai, who had traveled from China.

"Yes!" Tsai Chongxin was also smiling, but there was a certain jealousy hidden in the depths of Sun Zhengyi's eyes.

"The U.S. government has released temporary supervision and allowed listed companies to use their own funds to buy back liquid shares!" Son Masayoshi groaned slightly, and then looked at Cai Chongxin with a smile, "8848 and Chenxing Network seem to be able to start relevant plans without my support. In fact, this plan has been in existence since last year and has already been approved by the US Securities and Exchange Commission! Aren't you too cautious about coming to Tokyo this time? ”

Cai Chongxin smiled heartily and said, "I can't hide anything from you, President Sun!" As everyone knows. Chenxing Group and SoftBank Group advance and retreat together, and the two sides have an inseparable partnership! What our chairman means is that before buying back shares, it is necessary to inform you as a sign of respect! If there is the support of SoftBank Corporation. It also helps to increase investor confidence in our company! ”

"Hey, hey! Boost investor confidence......" Son chuckled dryly and touched his nose noncommittally. It took a long time before he said slowly, "I guess, Song Chen may not want me to interfere in this share buyback!" ”

Cai Chongxin shook his head categorically and said sincerely: "How could it be! If I really don't want you to interfere, it won't make sense for me to come to Tokyo this time! After such a regrettable thing a few days ago, the capital market was panicked, SoftBank as the second largest shareholder of Chenxing Network, the attitude is very important, our chairman also hopes that SoftBank can notify us before doing things related to us, so as not to become elbows and armpits! ”

Son smiled: "You mean, Song Chen hopes to work with our SoftBank Company to pull up the stock price and improve investor confidence?" ”

If you want to take it, you must give it first!

Cai Chongxin's face was not red and his heart was not beating, and his attitude was very sincere: "Of course! ”

Son Zhengyi stared at Cai Chongxin for a long time before slowly shaking his head and sighing: "I always thought that Cai was always a top financial advisor, but I didn't expect him to be a hidden entrepreneur!" We opened the skylight and said that Song Chen definitely didn't want me to interfere with his share repurchase, in fact, our SoftBank Group is currently too busy to take care of itself, and it is indeed impossible to take care of the stock price of 'stable dìng' Chenxing Network and 8848! ”

Speaking of the word 'stable dìng', Son Zhengyi deliberately accentuated his tone, and said slowly: "China Chenxing Group is willing to work hard to stabilize the stock price of dìng8848 and Chenxing Network, we raise our hands to welcome, and shareholders have always been pleased with the sincerity of China Chenxing Group!" ”

After some words of appreciation and beating, Cai Chongxin had to nod silently when he heard it, very embarrassed.

Speaking of which, his boss has vision, mind, and courage, but there is one thing that is not good, that is, he is too vigilant, and likes to control listed companies with absolute control rather than by skillfully establishing voting rights, which inevitably intrigues with SoftBank Company, the main supporter at the beginning, and always stares at the equity in Son's hands.

"In terms of industry intuition and investment vision, your boss is a world-class genius, but he is a little petty!" Son Masayoshi smiled, "When I go back, tell him that Sharp is blind in that matter, and when he gets American citizenship, he will be ready to come to Tokyo!" ”

Strategically invested in Sharp Company, Cai Chongxin, as Song Chen's henchman, of course, could not have been unaware, so he nodded.

"I'll tell the chairman!"

Son Zhengyi nodded, and then said with a smile: "I hope his investment in the non-Internet field will not disappoint, otherwise I will lose face and lose my heart by leading the investment in Sharp this time!" So far, the aRm company in which he has spent a lot of money has not yet made people see any fame! ”

Cai Chongxin also couldn't guess about this matter, he smiled: "For this investment, the boss's statement is not to look at the present, but only to look at the future!" If you want to know the results, I'm afraid you won't be able to see them in a few years! ”

Son Masayoshi nodded and asked, "The Baidu Digital Center should also be put into use, right?" ”

"It's been running for two months! Considering the scale of netizens in China today, the effect improvement is not as obvious as that of the googLe number jù center! Cai Chongxin pondered for a while, and then said, "However, for brother companies such as Chenxing Network, the operation of the data center can greatly reduce operating costs!" ”

Son Zhengyi smiled and suddenly asked: "36o Company, some time ago, it was in a uproar and was in the limelight, have you ever considered accepting investment?" ”

Cai Chongxin raised his eyebrows slightly, glanced at Sun Zhengyi in surprise, and said with a smile: "Outsiders are afraid to avoid it, but I didn't expect Chairman Sun to be interested in this company!" ”

"Even if it's for the gimmick of 'subverting', I'm very interested!"

Cai Chongxin replied very sincerely: "36O Company is currently held by subsidiaries and mutual shares, I am afraid that the chairman and the person in charge of the subsidiary will not accept dilution from other companies!" But I'll ask the chairman for his own opinion! ”

"That's the best!"