Chapter 4908
"You agreed?!"
When Merlin heard his son-in-law's reply, his whole body felt both surprised, and he was vaguely leaping out of joy.
Although he had said that Lord Acker was old-fashioned, he had actually also been convinced by Lord Acker long ago.
He knew that this kind of old-fashioned thinking should be criticized to a certain extent, but he also agreed with Lord Acker's logic, which was that the family's last name should be passed on.
Regardless of whether it was male or female, as long as there was an offspring with the last name, the lineage would continue to be passed on.
However, once there was a break in the middle, this lineage would exit the stage of history completely within a few decades.
Therefore, if his son-in-law agreed to let his daughter's children take the last name, Lammy, the family name would be able to continue to be passed down the line.
Merlin was very excited to hear that his son-in-law had agreed because of this.
However, he did not expect that his son-in-law, who had always regarded himself as a high achiever, would be so easily persuaded by Christian.
His son-in-law also seemed a little ashamed at this time.noveldrama
He took the initiative to explain awkwardly, "Dad, it's not that I'm no good... It's simply because the offer made by the Acker family is too tempting... Even if I were to work hard for the rest of my life, I would not be able to leave so much money to my children and grandchildren..."
Merlin's son-in-law was just desperate to give the reason for his surrender to money.
He simply did not realize that his compromise was, in fact, the result that Merlin had expected the most.
However, in order to wash his
shame away with dignity, he still kept explaining, "Dad, what Uncle Christian said is almost the same as what you just said. What he means is that he will take out a hundred million US dollars to establish the trust first, and the trust will be handed over to be operated by the Acker family's trust company. The Acker family's trust company's income situation is also much stronger than the vast majority of trust companies in the market because of the backing of the entire Acker family's resources, so we can have about eight percent yield a year as long as I fulfill my promise. This trust can be unblocked conditionally in eighteen years!"
With that said, Merlin's son-in-law could not hide his excitement as he said, “Dad, I've done some quick calculations in my head. If the eight percent return is guaranteed every year and the interest is compounded, the money will turn from one hundred million US dollars to four hundred million US dollars in eighteen years!"
At this point, Merlin's son-in-law became even more impassioned, and he could hardly hold back his emotions as he blurted out, "Dad, Mom, Joy! What concept is four hundred million US dollars?! At that time even if we don't move the principal of four hundred million US dollars, the interest will be thirty-two
million US dollars a year if we
continue calculating at the annual
return rate of eight percent!"
"Thirty-two million US dollars! That's every year! At that time, we can take these thirty-two million US dollars out from the bank every year!"
"Even if inflation becomes more serious in the future, the thirty-two 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 top standard of living, the top educational resources, and let them leap to the top of society! That's a step up in the class leap!"
"Moreover, in addition to the interest income of thirty-two million US dollars annually, the principal of the four hundred million US dollars is not moved, so as long as the Acker family's trust company that we have backed does not collapse, we will be able to continue at an interest rate of eight percent per annum all the time!"
"And so what even if the trust company fails? The law has long stipulated that the trust company's own assets and the client's trust property are completely separate, so even if the trust company goes bankrupt and closes down, it is impossible to liquidate our money When it comes to liquidation! All we
need to do is change the trust company and transfer our interests there."
"In other words, as long as the United States is still here, our money will always
be here! That means that that's an asset that lasts forever and a family that thrives forever!"
Merlin's son-in-law was extremely excited, and when he said this again, his heart was already beating rapidly, and he was experiencing shortness of breath.
His whole face was red and he was sweating profusely. His eyes were opened wide, and there was some rippling in all his blood vessels.
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