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ance Trust #2 dated September 13, 1999. • These policies, other than the Prudential policy, have a register date of April 28. 1999 in order to save Debra's insurance age. (Prudential utilizes "current age" vs. "closest age", therefore backdating was not necessary and the regis er date for the Prudenti
nce Trust #2 dated September 13, 1999. ) These policies, other than the Prudential policy, have a register date of April 28, 1999 in order to save Debra's insurance age. (Prudential utilizes "current age" vs. "closest age", therefore backdating was not necessary.) CARRIER - - POLICY NUMBER AMOU
Summary of Coverage Individual Life Insurance Coverage-on Leon Black- • Split-Dollar Entity: AIF IV Management, Inc. • Policy owner: Norman Brownstein, Trustee under the Leon D. Black Insurance Trust N
Trust—Owned Life Insurance was implemented on Leon's life and $100,000,000 of Second-to-Die, Trust—Owned Life Insurance was implemented on Leon and Debra's lives. The policies utilized are Variable Universal Life Insurance policies with a variety of large, high quality carriers. Below is a summary
ance Trust #2 dated September 13, 1999. • These policies, other than the Prudential policy, have a resister date of April 28. 1999 in order to save Debra's insurance age. (Prudential utilizes "current age" vs. "closest age", therefore backdating was not necessary and the register date for the Prudenti
_R1_01954598 EFTA02674248 LEON BLACK February 2013 Annual Review of Trust-Owned Split - Dollar Life Insurance Coverage II. Summary of Coverage Individual Life Insurance Coverage on Leon Black • Split-Dollar Entity: AIF IV Management, Inc. • Policy owner: Norman Brownstein, Trustee under the Leon D. Black Insurance Trust 0
ance Trust #2 dated September 13, 1999. • These policies, other than the Prudential policy, have a register date of April 28, 1999 in order to save Debra's insurance age. (Prudential utilizes "current age" vs. "closest age", therefore backdating was not necessary and the register date for the Prudenti
ein as Trustee. Trust #1 purchased $50 million of insurance on your life. Trust #2 purchased $100 million of insurance on the joint lives of you and Debra. Thereafter, the Trustee entered into a split dollar agreement (the "Agreements") between each Trust and AIF IV Management Inc. ("AIF"), as your em
3.02 $2,355,976.73 $3,172,980 Security Life of Denver 610014742 hie I I I $ 96380 $ 615.839.41. $ 615 839 41 $1.180j38 810,461,330 Total — Individual Life Insurance Coverage 550,000,000 $863,609 $8,040,524.81 58,021,568.52 Second to=Die; WealthiTranifer Lifeinsitratice Covirage on Leon 81-Debriel3lek,; • Split-Doll
Entities connected to both Debra and Individual Life Insurance Coverage
Leon Black
PERSONJohn Hannan
PERSONCarlyn S. McCaffrey
PERSONNorman Brownstein
PERSONPrudential
ORGANIZATIONthe 2006 Trust
ORGANIZATION
McDermott
PERSONAIF IV Management, Inc.
ORGANIZATIONJohn Hancock
PERSONPacific Life
LOCATIONAXA Equitable
ORGANIZATIONSecurity Life
ORGANIZATION
Denver
LOCATIONWealth Transfer Life Insurance Coverage
ORGANIZATIONAXA Network
ORGANIZATION