TJJ’s fair amount of RMB asset

To keep things simple, we will assume the shares of TB, LSQ and TJJ is 20:40:40. TJJ’s RMB amount is therefore 40% of Rmb7800k = Rmb 3120k. This 3120k has always stayed in LSQ’s account, but belongs to TJJ. There is no question about this amount. The question is

Qn1: How much personal cash assets TJJ has, in his own bank accounts?  We are focused on how much he should have, as a legitimate, fair share of the couple’s shared assets.

As of mid 2024, right before the 7800k sale, TJJ used one bank only i.e. ICBC (PSBC account was dormant and empty).

  • 380k in ICBC TimeDeposits
  •  80k in ICBC savings
  • no USD in ICBC
  • ——
  • total Rmb 460k

It’s simple yet not unfair to assume that Rmb 460k is the estimated final amount of TJJ’s personal cash asset on his final days. There have been inflows and outflows but these flows largely cancel out each other. Some inflows and outflows are passing through his account and should not affect Qn1.

  • inflow: one-off 100k from 文学所. Supposed to be given to LSQ for DJDJ fees, which add up to about 400k/Y. (100k is an under-payment to LSQ.)
  • inflow: monthly salary, but this used to be given to LSQ since LSQ is paying all family expenses.  (Perhaps an overpayment to LSQ.)
  • inflow: LSQ transferred a few five-figure amounts to TJJ
  • outflow: TB transferred a few amounts including amounts to buy USD. All part of TB’s 20% in transit.

Anwser to Qn1 is 3120k + 460k = Rmb 3580k. I propose to use 3600k as a simpler estimate.

One thought on “TJJ’s fair amount of RMB asset

Leave a Reply