Epstein Secrets

From: "Barry J. Cohen" 5 To: jeffrey E. <[email protected]> Subject: Re: Planning Date: Sat, 19 Aug 2017 15:05:02 +0000 I will call you. Sent from my iPhone On A

lan around that. My goal is to be able to tell him "If you sell certain art you will achieve the following benefits." Not quite there yet. > On the CLATs, I hear you that no one has experience with art. But as you have pointed out, Leon's situation is unique. Unless we hear specific reasons why it doe

From: "Barry J. Cohen" < To: jeffrey E. <[email protected]> Subject: Re: Planning Date: Sat, 19 Aug 2017 15:12:14 +0000 We think we have examined it extremely care

lan around that. My goal is to be able to tell him "If you sell certain art you will achieve the following benefits." Not quite there yet. > On the CLATs, I hear you that no one has experience with art. But as you have pointed out, Leon's situation is unique. Unless we hear specific reasons why it doe

From: "Barry J. Cohen" < IMI > To: Jeff Epstein [email protected]> Subject: Fwd: Planning Date: Sat, 19 Aug 2017 14:13:33 +0000 > Apollo flight is one that qualifi

lan around that. My goal is to be able to tell him "If you sell certain art you will achieve the following benefits." Not quite there yet. > On the CLATs, I hear you that no one has experience with art. But as you have pointed out, Leon's situation is unique. Unless we hear specific reasons why it doe

From: Barry J. Cohen Sent: Saturday, August 19, 2017 2:14 PM To: Jeff Epstein Subject: Fwd: Planning > Apollo flight is one that qualifies for Apollo reimbursement

lan around that. My=goal is to be able to tell him "If you sell certain art you will achieve t=e following benefits." Not quite there yet. > On the CLATs, I hear you that no one has experience with art. But as you =ave pointed out, Leon's situation is unique. Unless we hear specific reaso=s why it doe

From: Barry J. Cohen Sent: Friday, September 22, 2017 5:17 PM To: jeffrey E. Subject: RE: Art in CLATs--PRIVILEGED AND CONFIDENTIAL Then I have misunderstood your

From: Barry J. Cohen Sent: Friday, September 22, 2017 5:17 PM To: jeffrey E. Subject: RE: Art in CLATs--PRIVILEGED AND CONFIDENTIAL Then I have misunderstood your past comments. I wrote this to address multiple issues I thought you specifically raise

From: jeffrey E. <[email protected]> Sent: Friday, September 22, 2017 5:18 PM To: Barry J. Cohen; Melanie Spinella Subject: Re: Art in CLATs--PRIVILEGED AND CONFIDENTIAL there is a reason i have not engaged on this subject:40=AD and have no in

From: jeffrey E. <[email protected]> Sent: Friday, September 22, 2017 5:18 PM To: Barry J. Cohen; Melanie Spinella Subject: Re: Art in CLATs--PRIVILEGED AND CONFIDENTIAL there is a reason i have not engaged on this subject:40=AD and have no intention of doing so. * one point. barry, as t

From: "Barry J. Cohen" To: Jeffrey E. <[email protected]> Subject: RE: Art in CLATs—PRIVILEGED AND CONFIDENTIAL Sent: Friday, September 22, 2017 5:31:47 PM I com

From: "Barry J. Cohen" To: Jeffrey E. <[email protected]> Subject: RE: Art in CLATs—PRIVILEGED AND CONFIDENTIAL Sent: Friday, September 22, 2017 5:31:47 PM I completely agree that we could use more clarity from Leon. I have though

From: jeffrey E. <[email protected]> Sent: Sunday, July 23, 2017 4:41 PM To: Barry J. Cohen; Leon Black Subject: Re: [External] They are wrong ! Sorry I started to explain to=Leon. Neither them nor Alan has actually done one with major ar

&C basically thought =he estate plan was fine. They highlighted some low likelihood governance i=sues at Apollo that could screw up the testamentary CLATs. They note=that we have not maximized our GST. I'm sure Leon will be fine s=nding it to you and I hope to do so tomorrow. Sent from my iPhone On J

PRIVILEGED AND CONFIDENTIAL SULLIVAN & CROMWELL LLP July 12, 2017 Via E-mail MEMORANDUM TO: Ada Clapp Barry J. Cohen Bradley J. Wechsler (Elysium Management LLC) FROM: Charles T. Dowling Elizabeth A. Kubanik RE: Leon Black Estate Planning This memorandum summa

see no reason not to implement this planning now as flexibility can be maintained to take into account potential tax changes by providing that the CLATs will be funded only in the event there is an estate tax upon Leon's death. Funding the CLATs with interests in Black Family Partners, L.P. ("BFP")

From: "Barry J. Cohen" To: jeffrey E. <[email protected]> CC: Joseph Vinciguerra Subject: Requested Information Date: Fri, 18 Aug 2017 19:27:26 +0000 Attachments: 2

We are not aware of anyone on our team who has put art in OATS, but would note the following o There are 2 chapters in Ralph Lerner's book on art in CLATs, so it doesn't seem like an alien concept o In any event, we just aren't seeing the risk. We thought about valuation issues, but valuation seems kin