Epstein Secrets

x advisory and compliance advice. Both Epstein and Black repeatedly suggested throughout 2016 and 2017 that they should meet with legal counsel from Paul Weiss to address their payment dispute but such meeting did not occur until April 2018 largely because of delay caused by Epstein. The April 2018 meeting

fer to his or her beneficiaries that portion of the assets contributed to the trust that have appreciated in excess of an assumed growth rate set by the Internal Revenue Service ("IRS"). If done properly, the assets should be transferred out of the estate without gift or estate tax liability. The grantor retains the right to

ns's estate, is very very small (single-digit millions). s This election only works if the estate has kept the property for the six months. Here's an Internal Revenue Service bulletin on the topic. " Here it is in percentage terms versus the S&P 500: 10% -10 -20 •30 -40 -50 •80 Dec 27. '13 Valhi Inc Feb 12, 14 S&P 500 Inde

at [email protected]. To contact the editor responsible for this article: Tobin Harshaw at tharshaw@,bloomberg.net. Alan S. Halperin | Partner Paul, Weiss, Rifkind, Wharton & Garrison LLP 1285 Avenue of the Americas | New York, NY 10019-6064 (Direct Phone) | Direct Fax) www.paulweiss.com HOUSE_OVERSIGHT_029348 --- PAGE BREAK ---

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