A Taiwanese dentist was recently ordered to pay $1 million to his mother in order to honor a contract that he had signed growing up, in which he agrees to pay 60 percent of his net profits until he can cover the cost of his upbringing and education.
The mother, known only as “Luo”, had to raise her two boys by herself, after divorcing her husband. At one point she became worried that despite all her sacrifices, her children would fail to look after her in her old age, so she decided to get some insurance. In 1997, when her sons were studying to become dentists, she asked them to sign a contract which clearly stipulated that they agreed to pay her part of their earnings until they covered the sum of roughly $1.7 million, as compensation for the money she had spent on their studies and upbringing. They both did, but one of them failed to honor the deal, so the mother took him to court.
