Epstein Secrets

From: Ada Clapp To: Jeffrey Epstein <[email protected]> Subject: Re: BFP Distributions to the LDB 2011 LLC Date: Wed, 30 Oct 2013 18:05:17 +0000 That would wo

t would work for and because their trusts would not have to distribute out the funds to them (they are under age 25) and could be used to pay back the 2006 Trust for the money it loaned to them. With respect to Josh and Ben, if the funds were paid out to them—their 2011 Trusts would not have money to repay t

From: Ada Clapp To: Jeffrey Epstein Subject: Fwd: 1997 Trust Decanting Date: Mon, 18 Nov 2013 17:06:57 +0000 FYI Begin forwarded message: From: "Alan S Halperin

e, the beneficiaries' perspective and Leon's perspective. I would prefer to get our ducks in order now, make a determination and then act. 2. As to the 2006 Trust, I think we should proceed with the decanting. If we need any of those assets, we can pull them from APO1. IRS Circular 230 disclosure: To ensure

From: Ada Clapp <1 To: Jeffrey Epstein <[email protected]> Subject: Re: Funding a GRAT with encumbered property Date: Wed, 16 Oct 2013 18:29:01 +0000 As I un

rey Epstein <[email protected]> Subject: Re: Funding a GRAT with encumbered property Date: Wed, 16 Oct 2013 18:29:01 +0000 As I understand it, the 2006 Trust has a security interest in it as collateral for the loan. That is what I mean by encumbered. It is pledged as collateral. Ada Clapp Black Family P

("AIF"), and Norman Brownstein, the trustee of your 1999 Life Insurance Trusts (the "Trustee") We discussed this proposal with Eileen Alexanderson, Ada Clapp and Tom Turrin at a meeting last week. Background In 1999, the Trustee purchased $50 million of insurance on your life (three separate policies),

-dollar agreements from AIF for cash. The purchase price will be based on an appraisal of the value of such rights to be obtained by the trustees of the 2006 Trust and by AIF. Because the rights of AIF under the split-dollar agreements are limited to the right to receive the Net Aggregate Premiums on your deat

nd packages ready. Eileen--do you have an address for Richard Ressler? Elyse will need that for the cover letter. Thanks! Have a terrific weekend. Ada Clapp Black Family Partners c/a Apollo Management 9 W 57th Street New Y phone: email: IRS Circular 230 Disclosure: Pursuant to IRS regulations, I i

oojian; Eileen Alexanderson Subject: Black 2006 Family Trust Release & Accounting Hi Elyse, Attached are (i) final version of Tom's accounting for the 2006 Trust, (ii) a proposed cover letter we hope you will use for transmitting the accounting and the release to the Trustees, and (iii) an attachment to the T

:23 PM, Jeffrey Epstein <[email protected]> wrote: the liquidating distribuionn would be in cash or securities? On Fri, Nov 1, 2013 at 8:11 PM, Ada Clapp < HI Jeffrey, Here are some numbers for you: Option 1. wrote: Step one Each child's trust would receive roughly $5 million. Trustee would exerci

stribution to each child's trust of roughly $15 million. That would leave $10 million in Victoria and Alex's trusts (after paying off their notes to the 2006 Trust) and roughly $7 million in Ben's Trust and $4.2 million in Josh's Trust (after paying off the notes to their descendants trusts and their includibl

Apollo Management 9 West 571 Street New York, New York 10019 To: Barry J. Cohen, Trustee From: Ada Clapp Date: November 26, 2013 Re: Restructuring of 2012 Year-End Planning This memorandum is addressed to you as Trustee of the BEB 2011 Trust, the JM

Ben's descendants' trust, the note issued by the BEB 2011 Trust; • From Josh's descendants' trust, the note issued by the JMB 2011 Trust; • From the 2006 Trust, the note issued by the ASB 2011 Trust; and • From the 2006 Trust, the note issued by the VRB 2011 Trust. As a reminder, each of Alex and Victoria

("AIF"), and Norman Brownstein, the trustee of your 1999 Life Insurance Trusts (the "Trustee") We discussed this proposal with Eileen Alexanderson, Ada Clapp and Tom Turrin at a meeting last week. Background In 1999, the Trustee purchased $50 million of insurance on your life (three separate policies),

-dollar agreements from AIF for cash. The purchase price will be based on an appraisal of the value of such rights to be obtained by the trustees of the 2006 Trust and by AIF. Because the rights of AIF under the split-dollar agreements are limited to the right to receive the Net Aggregate Premiums on your deat