1993 Glamour at a Glance

Chapter 195 Three Conditions
"What!" Brutt was startled when he heard Song Yang say that, "What important information is being concealed?"

Shi Youming unhurriedly took out the copy of the asset trust contract and handed it over.

Song Yang said: "The original contract was very long. But I believe that you are patient with such an important matter. Even if you don't understand, I can explain it to you."

This time, they are well prepared.

Not only brought a copy of the contract, but also brought many related bills to facilitate their verification.

The yacht dangled slowly in the sea around Xiangdao. Among the seven people, the one with a relatively higher education level got together and read the whole contract slowly with the others.

Song Yang then said: "Whether at that time she was angry at you for not being able to accompany her well in her old age, or for other reasons. Now, Mr. Li Ping is the main heir of the inheritance, which is legally legal. It is impeccable. Otherwise, in the past ten years, Mr. Li would not have been able to deal with your lawsuit without appearing in court."

This point, the seven people are also very clear, can not refute.

"Then, why does the current management team of the trust assets help you fight for this inheritance that you can't even fight for? It's because of the most important piece of information: Mr. Li Ping is also able to become the successor of this inheritance." of the trustee."

Song Yang took over the legal text on the trust from Shi Youming, opened it and pointed to the provisions to show them: "The successor trustee is qualified to terminate the trust, or hire another team to manage the assets. In other words , Strictly speaking, it is not the team that distributes the income to you every year, but Mr. Li Ping."

They were unwilling to admit this, and they didn't even look at Li Ping more.

"Let me analyze it again for you." Song Yang spread his hands and said, "As long as the current team manages this asset, the first thing they can earn is a high annual management fee. There are no additional requirements for the rate of return, as long as it is not lower than the basic interest rate. However, even if the trust assets of nearly 30 billion US dollars are only calculated according to the basic interest rate, the annual income generated is astronomical."

Afterwards, he took out the income receipts that Li Ping had obtained from there every year in the past few years, and finally put on a form: "This is calculated based on the basic interest rate. All eight beneficiaries here should have received The entire amount. This is the amount you actually got when you added it up. Did you find the difference?"

The numbers are staggering.

Except this year, from 91 to 93, the United States has been in a cycle of interest rate cuts.Even so, the basic interest rate has never been lower than 3%.

On average, this asset can contribute about 1 million US dollars in income every year.

But what Li Ping gets every year, combined with theirs, is not even 1500 million US dollars.

Song Yang said flatly: "That's why they will support you in fighting for this inheritance. As long as your eyes are on fighting for the inheritance, you won't notice that they take away more than 85% of the annual income. It's so profitable Good business, they also have enough money to buy the team of lawyers that you entrust. In this way, in addition to signing a contract that contributes a lot of legal fees every year, the team of lawyers can also receive the hidden income from them.”

More than 8500 million US dollars are missing every year. Even if this income has nothing to do with them who can only get the quota, it makes them feel like they have been cut very painfully.

"Mr. Li didn't want to live alone in the United States. He returned to Huaguo, and he didn't bother to fight for these things. The lawyer he hired in the United States, on the one hand, only focused on the text of the will and the inheritance dispute case itself. On the other hand On the one hand, he was probably bought off. Until he met me, trusted me, and told me the story inside."

Song Yang paused at this point: "That's why I discovered the huge loss he has suffered. And because the way he obtained this inheritance, the seven of you can't agree with it, so this has created the current situation: this A piece of wealth that should belong to you beneficiaries is being swallowed up by another completely unrelated team."

"Everyone, no matter what, after all, Mr. Li is the one who has taken care of her and accompanied her for so many years. You are her heirs and friends. Why should those lost profits be given to those moths? In the past four years, what they have gained is already better than yours. I have already got everything, and all of them add up to a lot more!"

To settle this matter, we must first establish a common enemy for everyone, so that there is a psychological basis for reconciliation.

After Song Yang said this, hearing the wealth that "belongs to you beneficiaries" implied in his words, the quicker brains among the seven people have already understood.

And Song Yang immediately continued: "According to the current will, each of you can get 5 to 12 US dollars per year. Until the end of your life, if Mr. Li does not obtain the status of a successor trustee to change the terms of the trust , then your heirs will no longer enjoy the benefits. This account is easy to calculate, how much money each of you can expect to get in total, is there a figure?"

"The most, it's impossible to exceed 1000 million. If you die early unfortunately, the number will be even less." Song Yang looked at the oldest Brutt, "There is no chance of winning the inheritance competition, and this is the upper limit of everyone's income."

This has entered the stage of talking about interests again.

Money touches people's hearts, and seeing with my own eyes that I can only get so little money every year, but the team that manages assets grabs more than 8500 million US dollars every year, this feeling is very heartbreaking.

Although the 8500 million US dollars belonged to Li Ping originally according to the will.

Now that we have gathered everyone together, there is something to talk about!
These seven people couldn't help but feel excited.

Song Yang really smiled and said: "It's been four years, and everyone should be exhausted. There is no doubt that the current management team is not a team with professional ethics. What they embezzled is the wealth that originally belonged to the beneficiary. Four years During the time, the preliminary estimate is that about 3 million U.S. dollars in revenue have been swallowed by them."

He paused, looked over one by one, and then said: "Now if you want to recover the money, you need to agree to Mr. Li as the successor trustee."

"...What about the conditions?" After a long time, Brutt spoke first.

Song Yang didn't answer first, but looked over one by one, and confirmed each one face to face: Do they agree with this principled direction?

Listening to the figure of a total of 3 million US dollars, who can say anything else?
After all, in the past four years, he has only received a little money every year, and the other is just some small favors from the management team.

Song Yang used this strategy of letting them determine the general attitude first, and then it was just a pure interest negotiation.

He looked at Li Ping, saw him nod his head, and said, "Mr. Li is willing to give the following three conditions."

"First, according to the current distribution of benefits, each of you will receive 100 years of benefits at one time. That is to say, ranging from 500 million US dollars to 1200 million US dollars. No matter how old you are now, it will be treated equally. Get this After the money, Mr. Li will entrust the assets separately, and you will no longer benefit from it."

This alone has already made some people's hearts flutter.

Assets of nearly 30 billion US dollars are good, but after four years of tossing, no one understands that there is nothing to fight for.They want it, and others are not stupid.With the support of a will, will it be easily handed over to them?

And the most, you can get 1200 million US dollars at a time, which is a lot of money.

With tens of thousands of dollars a year, who can get it for 100 years?What's more, the effect of getting the money at once is not comparable to receiving a little every year.

This is only the first of three conditions.

Song Yang observed their reactions, and continued: "Secondly, Mr. Li will spend another 5000 million US dollars to set up a trust fund named after her. The settlor and trustee of this fund are both Mr. Li, the first batch of beneficiaries are still the seven of you. The annual income will not be lower than what you can get now."

"In addition, Mr. Li hopes that you, as her children, will set up a family council. During Mr. Li's lifetime, he will review the list of new beneficiaries submitted by the family council and include them in the list of beneficiaries. When Mr. Li is old, The trustee will be changed to someone elected by the family meeting. From then on, this money that keeps increasing in value will become a family asset that will benefit her heirs all the time."

These seven people could not help but look at Li Ping.

Song Yang sighed: "You should apologize to Mr. Li for your previous attitude. Mr. Brut, you know your mother's character very well. Mr. Li never had a purpose to fight for this inheritance before. She will not choose the main heir of the inheritance at will. Judging from the current situation, she did not directly let you inherit such a large amount of inheritance, but saved you from many disasters. Otherwise, those who are staring at the money People, I don't know what kind of trouble it will bring you."

After all, Brut still had a hint of pride, unwilling to say anything to Li Ping.

"Maybe 100 years of one-time income, plus the 5000 million fund, a total of nearly 1 million US dollars still makes you feel that life is too little." Song Yang looked at them again, "but I emphasize again, rationally speaking, This is Mr. Li's generosity to you. And the 5000 million US dollars fund, if managed properly, may not be less than 5 million US dollars when Mr. Li hands it over to your family."

"There will be so many?" Among the seven people, a middle-aged white man asked in disbelief.

"It depends on who will manage it. It must have professional ethics and asset management skills, rather than stealing huge profits for itself." Song Yang hinted at the current team.

"...There is one more condition, what is it?"

Song Yang looked at the woman with eager eyes, smiled and said: "The third condition is that you must apologize to Mr. Li for your previous arrogance and rudeness."

(End of this chapter)