Epstein Secrets

e until Leon's Death Trust gets the death benefit less premium advances that go to AIF Any equity policy growth above DB goes to AIF Per memo from Carlyn: if the split $ arrangement is terminated, AIF would receive only the current cash value now AIF IV Mgmt under the split $ agreements pays the prem

-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

, it was concluded that the Agreements should be terminated, or "rolled-out". C. Various Proposals to Roll-Out the Agreements. 1. 2010 Proposal. Carlyn's first proposal (August 2, 2010), involved the Black Family 1997 Trust (the "1997 Trust") purchasing the policies from the Trusts at their cash su

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

he Net Aggregate Premiums, he will transfer his interests in the policies to the trustees of the 2006 Trust. If you have any questions, please call Carlyn at :Ir Elyse at CSMCC/EGK IRS Circular 230 Notice: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. tax advi

-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