Chapter 208: Family Trust Fund
But the problem arises at this time. Although a family trust fund is established, it has bankruptcy isolation protection.
Trust assets are not included in the list of liquidated assets, but they are not available in China at present. They were a product that only existed in 2025 in the last century.
The legal effect of your control over trust assets must be adjudicated by the court. So, can your family fund obtain bankruptcy isolation?
“Are we really going to be like Lao Ma and set up offshore trusts?”
Wen Xiaoxin suddenly felt that she was doing well, and a shiver ran through her body.
Seeing Ye Chen sitting on the sofa, his eyes staring at him, sometimes he smiled with big white teeth, and sometimes his color turned gloomy.
She had a feeling that she was being cared about by Ye Chen. She expressed that she was very embarrassed and scared, as if her cousin was going to beat her up or lock her up in a dark room.
"Cousin... Cousin, if nothing happens, I'll leave first. Sister Jingjing is looking for me to go shopping."
After saying that, Wen Xiaoxin dropped the snacks and ran away.
"Crack!"
Ye Chen took a quick step, waved his hand, and closed the office door with a bang.
"Xinxin, don't worry, come and sit down, cousin will have a heart-to-heart talk with you."
Ye Chen pulled the struggling Wen Xiaoxin to the sofa, looking like a bad uncle.
Seeing the attentive look on Ye Chen's face, Wen Xiaoxin became more generous and struggled: "Cousin, if you have anything to do, just say it. You are such a purple child, and the baby is very polite. Do you want to beat me?"
"It's easy to say anything. The worst I can do is give you a beating. But please don't lock me in a dark room. I'm scared."
Ye Chen was also stunned. What on earth made this girl have such a masochistic tendency? Even the Internet slang came out, what do you mean I am very convenient?
Ye Chen tried hard to control his expression, trying to appear gentle and approachable.
"Okay, tell me, how long are you going to lock me up? Can I apply for a small window?"
She thought that Ye Chen was planning to settle accounts with her after the fall, after all, he had made trouble on national television, which was an extremely embarrassing thing.
As I thought about it, a few tears fell from the corners of my eyes.
Ye Chen didn't know if this girl was a drama queen, but she squeezed out a few tears from the corners of her eyes, and Ye Chen was speechless for a while.
"Oh Xinxin, you misunderstood my cousin, how could I be willing to beat you? Don't worry, my cousin won't lock you into a dark room."
"Really? Are you sure you don't want to settle the score later? It's not my concern anymore?"
Wen Xiao sobbed and wiped her nose with an expression that looked like you were swearing.
"Okay, I swear, okay? I will never settle the score later."
"Well! Then you must restore my financial resources, and you are not allowed to interfere in my life in the future, or force me to do things I don't like."
Ye Chen didn't expect this girl to be so capable, so he agreed.
He interrupted forcefully: "Didn't you say that I am the richest man in Asia? What would you do with the money if I gave it all to you?"
This girl's thinking logic is different from mine, so she may be able to give herself other ideas.
Nowadays, domestic trust companies have many loopholes and are not reliable at all, but offshore trusts are not so reliable either, but establishing a trust fund yourself is contrary to your own status.
"Ah! Give them all to me? Are you sure?"
"Wen Xiaoxin looked at Ye Chen with shocked eyes, an expression like don't lie to me."
Knowing that he couldn't deceive the other party, after all, this girl had learned a lot and it would be difficult to deceive him. He said truthfully: "My cousin has so much money, but my cousin doesn't want to be the richest man."
But if you let me throw the money away, what will you do with your living expenses in the future? So I must keep this money in a small cash reserve.
"If I give you this money for safekeeping, when I go bankrupt, I can use this money to make a comeback."
"But it's not allowed by law, what do you think I should do?"
Wen Xiaoxin pursed her lips and said, "I knew you were lying to me. When you told me to give it to me, you were actually asking me to keep it for you."
He said angrily: "It's not impossible to ask me to find a way for you. This will cost extra money, and there will also be storage fees."
Ye Chen also smiled, this girl really never talks about money, she is really born to control herself.
"Okay! As long as you help yourself, I will restore your financial resources and give you a living allowance of 100,000 yuan a month. How about that?"
Although it was impossible, Ye Chen also knew that this girl was only 20 years old, an age when she was full of energy. It was obviously impossible for her to calm down and study.
"Hehe, this is what you said, one hundred thousand is not enough, you have to add more money!"
"Two hundred thousand!"
"It's not enough, we have to add more!"
"300,000! Don't go too far! Do you know how much this 300,000 is?"
Wen Xiaoxin smiled and said: "Deal, 30 living expenses per month."
"Actually, it's very simple. It's the same as your donation being tax deductible."
"If you keep this money for me, invest it again, and donate a certain percentage of the annual increase, then this money will be used for charity."
"Even if you go bankrupt and your assets are liquidated, the money belongs to charity and is not included in the liquidation list."
"You are bankrupt and have no food to eat, so you can't just donate your money stupidly, right? Then you can use this money to start a new business and make a comeback."
Ye Chen's eyes widened when he heard this. He thought hard and never thought of this.
It can be said that not only is it protected by the law, but even if it goes bankrupt, the charity fund cannot be liquidated, right?
Donating part of it every year will not only remove the title of the richest man, but also effectively isolate the trust funds, and also use part of it for charity. It really serves multiple purposes.
"Haha, good! You are indeed my Ye Chen's cousin!"
If Wen Xiaoxin had been younger, Ye Chen would have loved to pick up this girl and kiss her hard.
"Cousin, are you really going to give me this money for safekeeping? Then I will soon become the richest man in Asia?"
Wen Xiaoxin was really excited when she thought about it. Although the richest man in Asia didn't really own this money, how great would he be if his name spread out?
"Well, don't worry, I will set up a family fund and take care of part of it for you first. Let's see if you have the ability."
Seeing Ye Chen's heroic expression, Wen Xiaoxin pursed her lips in disdain and said, "Tch, you lied to me again! I knew you couldn't bear it."
Ye Chen's face darkened and he consoled him: "This matter is of great importance. You also know that I am the richest man. Many people are watching my every move. Besides, the money does not belong to me alone. I only use my own money."
I’ll keep the money for you.”
"So, you will be my cousin's official from now on, and my cousin's salary will have to be paid to you from now on."
"Wow! So I will support you from now on?"
Wen Xiaoxin's eyes lit up when she heard this, with an expression like "I am a qualified financial master", which made Ye Chen's face darken even more.
What do you mean I support you? But at this time I can only endure it.
"Well, I am going to set up a family trust fund company. You are the boss. When I make money, I will keep it all for you. How about it? Do you have the confidence to keep it safe for me?"
"You are my cousin's last protection. I am fighting outside and I am invincible. Can you stabilize the rear?"
Wen Xiaoxin hesitated, and said with a serious face: "Don't worry, cousin, starting from tomorrow, I will study hard with Sister Qingyu, and I will definitely manage the assets of the richest man."
Before Ye Chen could feel relieved, Wen Xiaoxin said solemnly: "I hope my cousin will go bankrupt soon, so that I can support him and give advice to Ye Chen."
This made Ye Chen reach the words of praise on his lips and swallowed them hard.
This girl really needs no praise. In just a few minutes, she has already floated into the sky. She doesn't even know what her last name is.
"Well, you study hard with her first. When this quarter is over and my salary comes down, I will give you part of it first so you can try the water."
"Come on! My cousin is optimistic about you."
Chapter completed!