Chapter 77 Neutrality and Charity Attributes

As for Barron's profits from securities investments, at least Daisy was still the direct handler. She was surprised by this, let alone Yulia.

Even though Yulia had greatly changed her view of Barron because of his actions after inheriting the family business, Barron made a bet with her that he would earn more than When it came to 50 million pounds, she just regarded it as the arrogance of a young person after having some success.

As for the possibility that Barron is an investment genius?

In fact, in the memories he got from his predecessor, Barron could feel that in family affairs, as the second son of the Duke's family, his predecessor, not to mention his brother, even Yulia, a member of the family, Outsiders are in a more central position than him - after all, the position of manager of the family trust fund can definitely be held by the person most trusted by the family talker.

Because in fact, the so-called trust fund is actually a "neutral" asset.

When family assets are put into a "trust fund", most taxes and inheritance taxes can be exempted because of the "neutral" nature of this asset.

In theory, the assets in a family trust fund no longer belong to a certain person or family, but are a "neutral asset". However, by setting various attributes of the fund, fund managers and trustees, these assets can be made The assets are simply controlled by the family.

To put it bluntly, you have the right to use these assets, but not ownership.

But it is an asset for inheritance, and the right to use it is the most important. As for ownership...

Just like those in power, the position of being able to use power is the most important.

This also shows the importance of the position of the manager of the family trust fund - which is why before Barron completes his inheritance and becomes the trustee of the fund, he cannot use the assets of the family trust fund at all unless Yulia cooperates. s reason.

In fact, Yulia cannot be regarded as an employee of the Devonshire family, because the "ownership" of the family fund does not belong to the Devonshire family - at least in theory, that is the case.

Of course, this is just theory. The trust fund itself is created by capital for inheritance, and there is an aspect of compromise with the state. But in the final analysis, capital cannot give up control over it, and the so-called "neutrality" can only It's just a "beautiful lie".

Having said that, even Yulia's view of Barron has changed for the better because he was different from her previous impression.

But speaking of him being able to earn 50 million pounds in a short period of time through investing in the securities market?

How can it be?

This is also the reason why Yulia was able to agree to Barron's "bet" at that time.

Do you really think making money through finance is that easy? Which of the previous Dukes of the Devonshire family was not more capable than ordinary people? But the 11th Duke of Devonshire struggled for 24 years for inheritance tax of 7 million pounds!

The previous generation of Duke, Barron's father, lost more than 25 million pounds in investment!

These examples all prove the difficulty of making money through investment.

But now, the real scene happened in front of Yulia. After she confirmed the operations of DS Capital, as well as the profits obtained - more than 200 million pounds, it was still lying in the account of this investment company. Woolen cloth!

These things are all confirmed - Barron did it, and less than two months have passed since their last bet!

He didn't even do it in the half a year he mentioned before...

"So, Ms. Moore, do you remember our bet?"

Every move Barron makes is elegant, and the smile on his face looks very bright to others.

But in Yulia's eyes at this moment, everything was completely different.

Don't think that the so-called "date" is just about having a meal together...

In England, or Europe and the United States, under certain circumstances, agreeing to have dinner together sometimes means that they will naturally go to bed later...

Yulia once did not think that the so-called earning 50 million pounds in half a year was something that required her to consider the possibility, so she did not need to care about the specific meaning of this "date" at all.

But now that she really had to fulfill her "bet", she had to consider these things.

"What do you want me to do? Your Highness the Duke."

It's really rare for Barron to see Yulia's worried expression. He is enjoying this moment very much.

"As promised, we will have a romantic date..."

He specially emphasized the word "date":

"You would think so too, wouldn't you? Ms. Moore."

"But you, you already have a girlfriend..."

Who would eat their prey immediately after catching it? Watching the prey's helpless struggle is probably the most satisfying and enjoyable thing...

Therefore, Barron still smiled at Yulia’s words:

"Based on your understanding of nobles, it seems that you should not say such words, Ms. Moore."

"Okay, I will do what I promised, Your Highness the Duke."

Seeing Yulia bit her lip and said this with some determination, Barron patted her arm:

"Believe me, Ms. Moore, that will be a better memory than the one you're looking at right now makes it seem."

…

Now that I finally have money, it can be said that since Barron came to this world, I can finally feel a little more relaxed.

Before that, he had many ideas and plans, but due to the shortage of funds, he could only keep thinking of ways to move around and work hard.

The first thing to start is the overall renovation plan of Chatsworth Manor - DS Capital donated 20 million pounds to the Chatsworth Manor Charitable Trust for the renovation and renovation of the manor.

Yes, a total of three castles and estates owned by the Devonshire family, including Chatsworth Manor, are owned by the Chatsworth Charitable Trust, which is held by the family trust fund.

The advantage of this is that the manor only needs to meet certain conditions for being open to the public, and it can be managed through this charitable trust. It can even accept donations from the public, and maintain access to these manors by charging tickets and venue rental fees. and maintenance of the castle.

Although Barron and the others now need to pay rent according to regulations even if they live in it, this does not change the fact that the manor is actually controlled by the family.

And another advantage is that DS Capital's "donation" to the Chatsworth Manor Charitable Trust, even if it is actually a left-hand act, can still be tax-deducted by virtue of the "charitable donation". Just ask you whether it is 6 or not?

In this overall renovation and renovation of Chatsworth Manor, according to Barron’s previous communication with Butler Sean, work will begin with about 30 rooms that were originally open to the public. In addition to the rooms where Barron and the others live daily, On the premises, about 40 additional rooms will be left for the filming of the upcoming "Betrayal" program.

After the public rooms have been repaired and remodeled, the reality show "Betrayal" has basically been filmed. The rooms they used will be repaired and remodeled next. The last ones will be Barron and Repairs and improvements to the areas where servants live daily.

The entire process will take at least one to two years to complete!

The data during the new book period is related to subsequent recommendations, so follow-up reading is very important. I beg you not to keep it all the time. If you feel that it is okay, read it every day to help increase follow-up reading. Thank you very much.