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will remain frozen at the discounted value. • The Overview assumes that Debra has transferred title to all residences to Leon. Leon's new Will and Revocable Trust are drafted as if Leon owns all residences individually. In fact, all but two parcels are owned jointly by Debra and Leon. Unless she transfer her t
are owned jointly by Debra and Leon. Unless she transfer her title to Leon, the residences will pass to her outright on Leon's death rather than to the Marital Trust (and later the Heritage Trust) as Leon wants. Leon needs to be reminded of this. • The Overview assumes Leon selects $200 million of art from his e
ution. 4. Legal Bills for Children's Will Preparation. Should Paul Weiss send each of the children a bill for legal services to prepare the Will, Revocable Trust, power of attorney, health care prosy and living will? On Leon's last bill, Paul Weiss removed the time charges for Ben's Will. However, there are
e Meadow Lane parcels—the other two are in joint name). This means that if Debra survives Leon, at Leon's death, only 750 Meadow Lane will pass to the Marital Trust under Leon's Revocable Trust. Debra will own all other residences outright. As of August 15, 2013, we estimated the value of the residences at $103
ain frozen at the discounted value. • The Overview assumes that Debra =as transferred title to all residences to Leon. =nbsp; Leon's new Will and Revocable Trust are drafted as if Leon =wns all residences individually. In fact, all but two parcels are =wned jointly by Debra and Leon. Unless she transfer =er t
are =wned jointly by Debra and Leon. Unless she transfer =er title to Leon, the residences will pass to her outright on Leon's =eath rather than to the Marital Trust (and later the Heritage Trust) as =eon wants. Leon needs to be reminded of =his. • The =verview assumes Leon selects $200 million of art from his e
Entities connected to both Revocable Trust and the Marital Trust

Jeffrey Epstein
PERSON
Noam Chomsky
PERSON
Valeria Chomsky
PERSON
Richard Kahn
PERSON
Tucson
LOCATIONLeon Black
PERSONDebra
PERSONEileen Alexanderson
PERSONAda Clapp
PERSON
Barry Diller
PERSON
Michael Cohen
PERSONLegacy Trust
ORGANIZATIONthe Heritage Trust
ORGANIZATIONBarry Cohen
PERSONthe Estate Overview
ORGANIZATIONDebra's Marital Trust
ORGANIZATIONOverview
ORGANIZATIONJohn Hannan
PERSONBlack Family Partners
ORGANIZATIONUS Trust
ORGANIZATION