Time flies in the world of film and television

Chapter 854 (Final Chapter: Family Future)

In addition, Han Tao set up a family trust fund to properly manage undistributed assets, including security companies and overseas properties.

At the same time, they also established their own medical and educational fund to be used for the future quality of life and education expenses of all their children.

In terms of medical care and health, he specially arranged for his children to have the world's top medical team and insurance, covering high-end medical services from the world's top medical institutions.

In terms of business layout, Han Tao also reserved space for strategic development. He instructed the legal team to draft a "future career development plan", stipulating that his children can choose whether to participate in the group management after they reach the age of 25.

During this period, an experienced team of professional managers will assist in the transition and arrange for Andy to participate in board meetings regularly to gradually become familiar with business operations.

The trust fund adopts a scientific and reasonable distribution mechanism: all children and spouses are entitled to annual dividends, but the share of minor children is temporarily managed by their biological mother.

When children reach the age of 20, they can unlock the right to use 50% of the assets, % when they reach the age of , and only when they reach the age of can they fully control all the assets.

The basic rights and interests of the beneficiaries are fully protected - even if they choose to live a comfortable life, their dividend income is enough to maintain a life far superior to that of ordinary people. Based on the current asset size, each beneficiary can achieve financial freedom.

However, the real management rights are only granted to the most outstanding successors, and there is a strict check and balance mechanism: managers cannot deprive other members of their dividend rights, and must ensure that the annual dividend is not less than 10% of the income or the 1000 million yuan benchmark. If the standard cannot be met, the person must take the initiative to give up the position.

In order to maintain the effectiveness of governance, the system stipulates: a maximum beneficiary limit of 200 people is set, and the rights and interests can be inherited but not transferred.

Those who leave the family after marriage will receive a one-time compensation and their dividend rights will be terminated. They will be allowed a "trial and error opportunity", and those who return to the family will not be allowed to deviate again. A collective decision-making mechanism will be established, and the beneficiaries can replace unqualified managers according to law.

Han Tao is well aware that any system has its limitations. As the historical lesson of the demise of the second emperor of the Qin Dynasty shows, true family inheritance cannot rely solely on institutional design, but also requires the continued struggle of future generations.

Therefore, while improving the governance framework, he also focused on cultivating the independent spirit and creativity of his descendants, allowing the family business to develop sustainably under the dual effects of institutional guarantees and personal struggle.

Of course, in order to cultivate the business acumen of future generations, Han Tao innovatively established an "entrepreneurship incubation program" in the trust terms:
Each adult child can apply for up to 1000 million yuan in start-up funds and can start the project after passing professional review.

Projects that have been successfully operated and profitable for three years will receive an additional first-round investment of 500 to 3000 million yuan and will be included in the family industry matrix for unified management.

In terms of cultural heritage, he commissioned Tsinghua University to customize a "Family General Education Course", which includes 12 modules such as financial history, art appreciation, and cross-cultural communication.

Taking into account the disruptive impact of technological development, Han Tao requires the Trust Committee to invest 2% of its assets each year in cutting-edge technology fields.

A special position of "Future Trend Observer" was also established, and a team of experts from Handan University submitted technology evolution reports every quarter to ensure that family capital always stood at the forefront of innovation.

In order to strengthen family cohesion, he built a heritage museum on the private island he purchased in the Maldives, displaying the entrepreneurial manuscripts and important decision-making records of family members of successive generations.

At the "Family Innovation Summit" held at the winter solstice every year, young members are required to conduct simulated business roadshows on topics such as the metaverse and quantum computing.

In terms of risk prevention and control, the trust document specifically includes a "black swan clause": 15% of liquid assets are reserved for gold and digital currencies. When a global crisis breaks out, the emergency mechanism can be activated to temporarily freeze asset allocation. At the same time, a "digital inheritance system" was developed in cooperation with Swiss Bank, using blockchain technology to ensure that every flow of funds can be traced.

In order to continue the family's social influence, Han Tao embedded a "philanthropy venture capital module" in the trust structure:
3% of profits are extracted annually to establish an impact investment fund, with a decision-making committee composed of family members, which focuses on supporting public welfare projects in the fields of educational equity, medical innovation, etc.

Social enterprises that receive investment must commit to providing internship positions for family members, allowing the younger generation to develop leadership in solving real social problems.

In terms of artistic inheritance, he invested in establishing the "New Artist Growth Fund" and invited experts from the Central Academy of Fine Arts to form a jury.

All calligraphy and paintings in the family collection will be used as teaching materials, and future generations must pass courses such as curatorial practice and cultural relics restoration before they can unlock the corresponding inheritance rights of artworks.

This design not only protects the cultural heritage, but also prevents future generations from falling into the shackles of "miser" thinking.

Taking into account geopolitical risks, the Trust Committee has established a "global talent pool" and cooperated with domestic and foreign universities such as Tsinghua University, Peking University, Nankai University, Harbin Institute of Technology, Handong University, Fudan University, East China Normal University, Harvard, and INSEAD to customize special training courses on "crisis leadership."

Family members must complete rotation practices in at least two countries before the age of 28, master multilingual communication skills and cross-cultural management experience, and monitor policy changes in regional markets in real time.

In order to prevent the curse of "wealth cannot last for more than three generations", the system innovatively introduces a "capability certification system": heirs must pass the stress test designed by Deloitte and demonstrate their ability to preserve assets in a simulated economic crisis.

In terms of digital inheritance, Han Tao collaborated with the MIT Media Lab to develop the "Family Metaverse", using VR technology to restore major business decision-making scenes throughout the ages.

In order to cultivate the global vision of future generations, the terms of the trust stipulate that every family member must complete the "Global Cultural Immersion Program" before the age of 22:
You need to choose a city in Asia, Europe and America and live there for six months each. During this time, you need to master the local language and write an in-depth cultural observation report.

In terms of financial security, Han Tao innovatively designed the "asset immune system": through algorithms, the macro indicators of 30 major economies in the world are monitored in real time. When economic warning signals appear in three or more countries at the same time, the system will automatically convert 20% of liquid assets into an anti-inflation asset portfolio.

This mechanism successfully protected family wealth when the global epidemic broke out in 2020, and became a model of risk control in the industry.

In order to break the "information cocoon" effect, the system stipulates that heirs must regularly participate in the "bottom-level experience plan":
At least two weeks every year, I work at the grassroots level of the family business as an ordinary employee, rotating from the production line to the customer service center.

In order to strengthen the social responsibility of family members, Han Tao added a "public service points system" to the trust terms.

Each adult child must complete at least 200 hours of public welfare practice each year and participate in projects such as poverty alleviation, teaching, and environmental protection.

The points earned will directly affect the amount of startup capital they can apply for, and there is no upper limit on the points, but those who fall below the baseline will have their annual dividends suspended.

Han Tao also wrote in the family creed: "True nobility does not lie in how much wealth one has, but in the wisdom to control wealth.

I hope you remember that these institutional designs are not golden bird cages, but wind tunnel laboratories that help you soar into the sky. "