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To: "jeffrey E." <[email protected]> Cc: "Halperin, Alan S" >, Brad Wechsler - Jeffrey, Attached is the updated Estate Overview for Leon and Debra, together with a separate 3 page Executive Summary. Please note the following: I. Both presentations were prepared by Paul Weiss's fiduciary accoun
supervision. 2. The attached are based on a 12/31/15 balance sheet and AGM stock at $15.21/share. We are in the process of preparing an alternative Overview showing the AGM stock at $30/share. 3. The Detailed Presentation is based on the old US Trust format (somewhat reorganized) for familiarity/continu
ay from Brad that he believes the real estate numbers are understated by approximately $40-50 million. This information is not incorporated into the Overview. Once you have had a chance to review the attached, I suggest that you, Alan and I get on the phone together to discuss any questions you might hav
iscounts will "disappear". Assuming no principal repayments, the note value will remain frozen at the discounted value. • The Overview assumes that Debra has transferred title to all residences to Leon. Leon's new Will and Revocable Trust are drafted as if Leon owns all residences individually. In fac
the prior Overview was inaccurate because their program was not updated and calculated the tax using the 35% rate in effect for 2012. The attached Overview reflects the 45% tax rate currently in effect. Items to highlight (noted with the last version): • The Overview illustrates the 1997 Trust and the
l can you send it it word file? On Wed, Mar 9, 2016 at 2:02 PM, Ada =lapp Jeffrey, > wrote: Attached is the update= Estate Overview for Leon and Debra, together with a separate 3 page Execu=ive Summary. Please note the following: 1. Both presentations were prepared by Paul Weiss =99s fiduciary
ay from Brad that he believes the re=l estate numbers are understated by approximately $40-50 million. Th=s information is not incorporated into the Overview. Once you have had a chance to review the attached, l=suggest that you, Alan and I get on the phone together to discuss any ques=ions you might hav
re governance.??!<=r> On Wed, =ar 9, 2016 at 2:02 PM, Ada Clapp c cmailto > wrot=: Jeffrey, Attached is the update= Estate Overview for Leon and Debra, together with a separate 3 page Execu=ive Summary. Please note the following: 1. Both presentations were prepared by Paul Weiss =99s fiduciary
ay from Brad that he believes the re=l estate numbers are understated by approximately $40-50 million. Th=s information is not incorporated into the Overview. Once you have had a chance to review the attached, l=suggest that you, Alan and I get on the phone together to discuss any ques=ions you might hav
iscounts will "disappear". Assuming no principal repayments, the note value will remain frozen at the discounted value. • The Overview assumes that Debra has transferred title to a0 residences to Leon. Leon's new Will and Revocable Trust are drafted as if Leon owns all residences individually. In fac
the prior Overview was inaccurate because their program was not updated and calculated the tax using the 35% rate in effect for 2012. The attached Overview reflects the 45% tax rate currently in effect. Items to highlight (noted with the last version): • The Overview illustrates the 1997 Trust and the
scounts will =disappear". Assuming no principal repayments, the note value =ill remain frozen at the discounted value. • The Overview assumes that Debra =as transferred title to all residences to Leon. =nbsp; Leon's new Will and Revocable Trust are drafted as if Leon =wns all residences individually.
es AGM shares, the discounts will =disappear". Assuming no principal repayments, the note value =ill remain frozen at the discounted value. • The Overview assumes that Debra =as transferred title to all residences to Leon. =nbsp; Leon's new Will and Revocable Trust are drafted as if Leon =wns all resid
Entities connected to both Debra and Overview

Jeffrey Epstein
PERSONLeon Black
PERSONEileen Alexanderson
PERSON
Alan Dershowitz
PERSON
Melanie Spinella
PERSONAda Clapp
PERSONAlan S. Halperin
PERSONElysium Management LLC
ORGANIZATION
Brad Wechsler
PERSONBlack Family Partners
ORGANIZATIONUS Trust
ORGANIZATION
Prince Andrew
PERSONRevocable Trust
ORGANIZATIONthe Heritage Trust
ORGANIZATIONthe Marital Trust
ORGANIZATIONLegacy Trust
ORGANIZATIONthe Estate Overview
ORGANIZATIONFire Drill
PERSONDebra's Marital Trust
ORGANIZATIONthe Legacy Trusts
ORGANIZATION