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rom an asset standpoint and to restructure the notes in the self-settled trusts so you only have "Leon borrowing from Leon" so to speak. Ada Clapp Black Family Partners do Apollo Management 9 W 57th Street New York NY 10019 phone: email: IRS Circular 230 Disclosure: Pursuant to IRS regulations, I inform you th
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
t all 2006 Trust Assets to the APO1 Trust and do the distribution from there? Either way, we will need to speak with the Trustees again. Ada Clapp Black Family Partners osure: Pursuant to IRS regulations, I inform you that any tax advice contained in this communication (including attachments) is not intended or wr
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
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 Partners do Apollo Management 9 W 57th Street email: IRS Circular 230 Disclosure: Pursuant to IRS regulations, I inform you that any tax advice contained
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
: Re: Ok. Are you thinking we will do a distribution from the 2006 Trust? As you could see from cash summary I sent you last Friday we have cash in Black Family Partners but even after I distribute $36 mil from recent dividend we are cash short in Leon's accts for upcoming tax payments. From: Jeffrey Epstein [mailto
[email protected]] From: Eileen Alexanderson Sent Fri 3/15/2013 1:38:01 PM Subject: Re: Ok. Are you thinking we will do a distribution from the 2006 Trust? As you could see from cash summary I sent you last Friday we have cash in Black Family Partners but even after I distribute $36 mil from recent di
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 inform you that any tax
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
ii Black Family Partners Apollo Management 9 West 57. Street New York, New York 10019 Ada Ca To: From: Date: Re: Leon D. Black Ada Clapp December 11, 2013 Status
r the Agreements could be purchased from AIF for a significant discount to the net cash surrender values of the policies. Because the plan involved the 2006 Trust, it was decided that roll-out should wait until the accounting and settlement agreement with respect to the 2006 Trust was completed. 3. 2013 Prop
Entities connected to both Black Family Partners and the 2006 Trust
Leon Black
PERSON
Jeffrey Epstein
PERSONEileen Alexanderson
PERSONAda Clapp
PERSON
Alan Dershowitz
PERSONAlan S. Halperin
PERSONDebra
PERSONElyse G. Kirschner
PERSONWeiss
PERSONRifkind
PERSON
United States
LOCATIONWharton & Garrison LLP
ORGANIZATIONRichard Ressler
PERSONthe 1997 Trust
ORGANIZATIONJohn Hannan
PERSONCarlyn S. McCaffrey
PERSON
New York State
LOCATIONJohn Hancock
PERSONSecurity Life
ORGANIZATIONFamily Trust
ORGANIZATION