Volume 8 Final Chapter Chapter 1226 I Don’t Want Your Family Property
After dinner, Nan Yi and Gong Xue went out for a walk again. At about eight o'clock, they separated and went their own way. Nan Yi didn't know what Gong Xue would do, and he was going to take care of Xue Ji's work.
In the afternoon, he received an email reminder that the information about the winery in Bordeaux had been sent to his mailbox.
France is a country with a high inheritance tax. As long as the inherited assets are high enough to require inheritance tax to be taken into account, you should be prepared to pay 45% inheritance tax.
Inheriting cash is okay, it's just painful, but you can still keep some benefits. If you inherit a castle that is estimated to be worth a lot, it's better to give up the inheritance rights. The inheritance tax and annual maintenance costs are not affordable for everyone. Even if you can afford it, you have to consider whether it is cost-effective.
Regarding the inheritance of vineyards, not only is there the same high inheritance tax, but also the relevant provisions of the Napoleonic Law left over from the Napoleonic era are implemented, a provision similar to the Enfeoffment Edict - any assets owned by an individual must be divided into equal sizes according to the number of heirs in the family after his death.
That is to say, if a winery owner has three children, he must divide the winery's assets into three equal parts, regardless of whether his children want to inherit the winery or not. As for the operation of the winery in the future, it is up to the children to discuss and decide, whether to sell it directly, operate it together, or one of them buys back the shares of the other two and operates it alone. The country does not care, as long as the inheritance tax is paid, it is up to the children to decide.
Analyzing the overall business situation of French wineries, even if an ordinary winery has been operating well, it will take at least 12 to 17 years to make up the inheritance tax hole. This is a huge burden for the heirs of the winery owners who do not have much cash on hand.
There are workarounds, such as gifting the vineyard land to my children, but there are countermeasures from below and policies from above. If you want to gift it, you can make a report first, and then you can gift it after approval, but there is a quantity requirement, which cannot exceed one hectare per year.
Not many people can do what Nan Yi did, who was willing/daring to hand over his property to his son in his prime. Most people would wait until they are too old to walk before arranging the inheritance of their property. It is a question whether the gift can be completed before death.
What's more, France established this rule in order to smoothly collect inheritance tax. Small wineries can turn a blind eye to it, but it is simply a dream for large wineries to realize property inheritance through gifts.
The Napoleonic Law is very friendly to Xue Ji. She can work specifically on wineries whose owners are old, have many children, and are in financial difficulties, and try to acquire their wineries at a lower price.
Nan Yi is now browsing the list of wineries whose owners are over 60 years old. He needs to send people to visit each of the wineries to confirm the value of the winery and whether the owners' children are willing to inherit the winery. If necessary, he can also send doctors to the vineyards to check the health of the owners for free. He will find out that some of them are dying or the treatment costs will bankrupt them .
After looking at the list, Nan Yi started writing and drawing on paper, calculating the approximate budget needed to carry out various tasks.
Whether judging from her face or her physical health, Gong Xue will not die young. Nan Yi must help her deal with retirement matters. With hundreds of millions in savings and a few sources of income, she won't have to worry.
Although he couldn't just ignore Gong Xue and could give her some money every year, it was better to have it yourself than to have it from your parents. Only what you hold in your own hands is the real thing. In order to make Gong Xue feel more at ease, it would be better to give her what she deserves in advance.
…
the next day.
After sending Xiao Gao, who had just woken up from his drunkenness, to the city, Nan Yi and Gong Xue went around sightseeing, visiting the city's tourist attractions and the classified wineries scattered across the 100,000 hectares of vineyards. In the winery, they visited the vineyards, wine cellars, and oak barrel aging rooms, and tasted a glass of wine that was brewed with time with the hospitable owner, letting their taste buds dance tango with elegant steps and melodious music.
The Dune of Pilat at the entrance of Arcachon Bay was left between the forest and the sea 5,000 years ago. Until now, it is still growing under the influence of strong winds and air currents. The sand of the big dune is very soft, and you can enjoy the pleasure of rolling down the dune. There are 190 steps on the dune to help you climb.
Standing on the top of the sand dune, you can see the magnificent view of the Atlantic Ocean to the west, and the vast inland forest to the east. At sunset, the scenery in front of you is stunning and romantic.
When they returned to the B&B on the first day, they learned that Xiao Gao also lived there, but this did not lead to any further interactions. Nan Yi was still determined to accompany Gong Xue on the trip until he had to go back in order not to miss the last moment of class.
There is only one class a week, and it would be a bit unreasonable to ask for leave.
After class, Nan Yi called the eldest son of the Wang family and said that he was interested in the shares of Wang Media, but he was a bit busy recently and would talk to him again later.
Nan Yi knew clearly that the other party's active invitation to him to invest was nothing more than a bond of interests, and then borrowing some of his connections. Since the duck couldn't fly away, he couldn't be too eager, and it was necessary to try hard.
Nan Yi was indeed very busy. That night, he was already sitting in the yard of Fang's manor. Opposite him sat Bo Qiong, who was feeling uneasy. She was ashamed to face Nan Yi.
After all, the two were of the same age and had known each other for many years. Even earlier, she was good friends with Zhao Shixian. So, no matter how you looked at it, she was Nan Youqiong's elder. Children could be ignorant, but how could she, as an adult, be ignorant?
"I feel very sorry for Youqiong. We have been apart for most of our lives since he was young, and I have never taken care of him. He has never been very sensible. Although he is already 25 years old this year, he still has the mentality of a child. He does whatever he wants without considering the consequences.
What happened between you two was definitely his fault. I am his father, so I would like to apologize to you first."
As he spoke, Nan Yi bowed to Boqiong.
No matter what happens next, Nan Yi must first put the matter in a specific order. He wants Boqiong to understand that he is the elder and Nan Youqiong is the child, so there is no need to say who is right and who is wrong.
Bo Qiong was not stupid, and she figured out the purpose of Nan Yi's behavior. She had to admit that if she characterized the relationship between her and Nan Youqiong as a forbidden love, she would be more wrong.
"Nansheng..."
Nan Yi's face showed displeasure, "Why are you still calling me Nansheng? You can be more traditional and call me uncle, or you can be more western and call me Uncle."
Seeing Nan Yi's attitude, Bo Qiong felt relieved, but also embarrassed to see others. No matter what, she couldn't bring herself to call him uncle.
"You little bitch, you're old and still sleeping with my son, you little bastard, you deserve to die, you take the benefits for yourself and leave your ass to me, you have no shame, you're my bastard."
After mumbling a few words in his heart, Nan Yi said to Bo Qiong, "I was just joking with you just now. No matter what happens between you and Youqiong, we will still be friends as equals in the future. I am not a stubborn person. Now that things have come to this, let's discuss a solution. Let's talk about the child first. What are your plans?"
Bojong said firmly: "I want to give birth to the baby."
Nan Yi waved his hand, "That's not what I want to ask. I personally don't care whether the child's surname is Nan or Bo. The child can have the surname Bo, but I don't want him to become a member of the Bo family. To be frank, I really don't care about the little property of your Bo family. I don't want my child to be involved in the vortex of your Bo family's property dispute."
Nan Yi said, and asked Ruan Zhiping beside him to bring a folder. He showed the folder to Bo Qiong, "Qiong Chi Wealth Management Company was registered for my child. I deposited 300 million Hong Kong dollars into the account and injected a property worth 1.6 billion Hong Kong dollars. The three companies have shares worth a total of 2.9 billion Hong Kong dollars.
The ownership of the company belongs to the children, and the management rights are given to you. You can choose to take care of the company and hand it over to the children in the future, or you can keep it for yourself. The choice is up to you. "
Looking at the contents of the document, Boqiong felt mixed emotions and was shocked by Nan Yi's generosity.
Nan Yi hasn't finished speaking yet.
"In addition, if it's a girl, half of my treasured diamonds, emeralds, and gemstones will be given to her, and you will still have the right to dispose of them. If it's a boy, there will be nothing else."
Bo Qiong calmed down and thought for a long time before saying, "I want the child to have the last name Bo, Ya... Adler also agrees."
"I said, I don't care what the child's surname is. It's your own business if you want to fight for the family property. Don't let the child get involved, let alone get hurt. Otherwise..." Nan Yi's face sternly said, "It's not your Bo family's business anymore. There's no need to continue scheming against each other. Unite and prepare to deal with the Nan family."
Bo Qiong nodded with mixed feelings, "I won't let the child get hurt."
"I should meet with Bo Sheng. You can arrange it. I'm available anytime."
Bojong nodded again.
Having basically finished what he was saying, Boqiong sat for a while and then said goodbye and left.
A few minutes later, a new person sat down opposite Nan Yi. It was Nan Youqiong. Nan Yi pressed his chest, turned off the intercom, and said, "Little bastard, you know I hate gambling."
"The Bo family has more than just a casino."
"Eat nicely."
"My son will inherit it when he grows up."
"How do you know it's a grandson and not a granddaughter?"
Nan Youqiong spread his hands, "It's the same to me, Old Adam. I'm not like you who values girls over boys."
"The child's given name is Nan Zemou. You can decide the last character. I won't comment on the English name. You can choose whatever you want."
Nan Youqiong deliberately made a gesture of picking his ears, "My memory is very good, Old Adam, you don't need to explain it again and again."
"Go away, I'm annoyed when I see you." Nan Yi made a gesture to drive him away, "Remember to fly to Shanghai to visit your great-grandmother. You haven't visited her for a ."
Nan Youqiong stood up and said with a smile: "My great-grandmother and I often talk on the phone. Old Adam, you should go to bed early. Nightlife is no longer suitable for people of your age. I have to attend a video conference. Bye."
"Remember to come over for lunch tomorrow."
"Yes, Sir!"
