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Personal Residences. How does Leon want to deal with the residence issue? To refresh your recollection, all residences are owned jointlyby Leon and Debra except: • 190 Narrows Road, Bedford, NY is in Debra's name (one of three Narrows Road parcels—the other two are in joint name). • 750 Meadow Lan
on grant recipients. The initial Foundation Directors and Executive Committee Members were Leon, Debra and you. In 1997, John Hannan, Barry Cohen, Antony Ressler and Jonathan Levine were elected as additional Directors (for a total of 7). Elyse Kirchner at McDermott tells us that you resigned as Director and
o create Separate Trusts for your descendants (see I B below), all trust property will be held in a single "Discretionary Trust" for the benefit of Debra and your descendants. A. The Trustees have broad discretion to distribute income and principal to Debra and your descendants, but before doing so,
tee of his or her separate Trust. C. Marital Trust. Barry, Richard and Debra are Trustees of any Marital Trust. D. Successor/Additional Trustees. Antony Ressler is successor Trustee to Richard for all Trusts. John is successor Trustee to Barry for the Marital Trust. There is flexibility to appoint your chil
o create Separate Trusts for your descendants (see I B below), all trust property will be held in a single "Discretionary Trust" for the benefit of Debra and your descendants. A. The Trustees have broad discretion to distribute income and principal to Debra and your descendants, but before doing so,
ttains age 35 becomes a co-Trustee, and upon attaining age 40 can remove a Trustee of his or her separate Trust. C. Successor/Additional Trustees. Antony Ressler is successor Trustee to Richard. There is flexibility to appoint your children as co-Trustees of the Discretionary Trust and of his or her Separate
Entities connected to both Debra and Antony Ressler
Leon Black
PERSON
Barry Diller
PERSON
Alan Dershowitz
PERSONAda Clapp
PERSON
Michael Cohen
PERSONAlan S. Halperin
PERSONWeiss
PERSONRichard Ressler
PERSONJohn Hannan
PERSONBarry Cohen
PERSONthe Heritage Trust
ORGANIZATIONSeparate Trust
ORGANIZATIONDorothy Ressler
PERSONResiduary Estate
ORGANIZATIONSeparate Trust For Descendants
ORGANIZATION