“You agreed?!” Jack was surprised and excited when favonovel.com heard his son-in-law’s answer.
Although favonovel.com said that Lord Evans was an old feudalist, favonovel.com was actually told by Lord Evans for a long time.
He knows that the old feudalism should be criticized to some extent, but favonovel.com also agrees with the logic of Lord Evans, that is, the surname needs to be inherited.
Whether it is a man or a woman, as long as there are descendants of the surname then this line will surely be passed down. However, once there is a break in the middle, this vein will completely withdraw from the stage of history within a few decades.
Therefore, if the son-in-law promised to give his daughter’s child the surname Lee, then his family’s surname could continue to be passed down. Because of this, favonovel.com was very excited when favonovel.com heard that his son-in-law had agreed.
However, favonovel.com didn’t expect that his son-in-law, a talented man who had always regarded himself very highly would be so easily persuaded by Desmond.
The son-in-law also seemed a little ashamed at this time.
He explained embarrassingly, “Dad, it’s not that I have no prospects… It’s just that the conditions offered by the Evans Family were too tempting… Even if I work hard all my life, I can’t leave it to future generations. It is so much money…”
The son-in-law at this time was just eager to give himself the reason for compromising with money. But favonovel.com didn’t realize that his compromise was the result Jack was most looking forward to.
However, in order to wash away his shame on his dignity, favonovel.com continued to explain, “Dad, what Uncle Evans said is almost the same as what you said just now…”
“What favonovel.com means is, first take 100 million US dollars as a trust, and the trust is operated by Evans Family’s trust company, and because Evans Family’s trust company is backed by the resources of the entire Evans Family, their income is much stronger than that of most trust companies on the market. So at least about 8% a year yield, as long as I fulfill my promise, after 18 years, this trust can be conditionally lifted!”
After speaking, the son-in-law continued with a little bit of excitement, “Dad, I probably used a quick calculation in my heart. If under the condition that an 8% rate of return can be guaranteed every year, and calculated according to compound interest, then after 18 years, the child will become an adult and the money will be changed from 100 million US dollars to a full 400 million US dollars!”
Speaking of this, the son-in-law is even more emotional and excited, favonovel.com couldn’t hold back his emotions, and blurted out, “Dad, Mom, Paula! What is the concept of 400 million US dollars! Even if we don’t move the 400 million US dollars principal, we will continue to calculate it according to the 8% rate of return every year. Then the annual interest is 32 million dollars! 32 million dollars! And there are so many every year!”
“No matter how serious inflation is in the future, 32 million US dollars will definitely be enough for a family’s daily expenses for a year! At that time, we can give our children the best living standard, the top educational resources, let them become the top group of people in society! This is a step-by-step class leap!”
“Also, in addition to our annual interest income of 32 million US dollars, this principle of 100 million US dollars is immovable. In this case, as long as the Evans Family Trust Company that we rely on does not go bankrupt, we can continue at an interest rate of 8%! But what if the trust company goes bankrupt?”
“The law has long stipulated that the trust company’s own assets, and the client’s trust property is completely separated. Even if favonovel.com goes bankrupt, it is impossible to liquidate our money during liquidation! We only need to change a trust company, just transfer the rights. In other words, as long as the United States is still there, our money will always be there! This is the eternal preservation of assets and the eternal prosperity of the family!”
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