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t split dollar arrangements should be terminated in accordance with prior discussions and analysis. Ada will circulate a memorandum she prepared for Norman Brownstein, who is the Trustee of the 1999 insurance trusts, summarizing the steps. 2. The insurance on Leon's life ($50 million face amount) likely will be t
ely will be terminated. The survivorship policies ($100 million) have performed better and may be continued. The family office has been working with Roger Cammon to obtain performance illustrations and projections to help make this decision. 3. If the survivorship policies are retained, the 1999 insurance tr
comparing the various proposals. A. Background. In 1999, you created two insurance trusts (Trust #1 and Trust #2, collectively, the "Trusts") with Norman Brownstein as Trustee. Trust #1 purchased $50 million of insurance on your life. Trust #2 purchased $100 million of insurance on the joint lives of you and Deb
the debts (related to your art collection) and estate taxes payable upon the death of the survivor of you and Debra. The original 1999 proposal by Roger Cammon of the Bryant Group anticipated retention of the policies until the death of the insured(s) and projected that the policies would be self-funding b
t split dollar arrangements should be terminated in accordance with prior discussions and analysis. Ada will circulate a memorandum she prepared for Norman Brownstein, who is the Trustee of the 1999 insurance trusts, summarizing the steps. 2. The insurance on Leon's life ($50 million face amount) likely will be t
ely will be terminated. The survivorship policies ($100 million) have performed better and may be continued. The family office has been working with Roger Cammon to obtain performance illustrations and projections to help make this decision. 3. If the survivorship policies are retained, the 1999 insurance tr
Entities connected to both Norman Brownstein and Roger Cammon
Debra
PERSON
Jeffrey Epstein
PERSONLeon Black
PERSONthe 2006 Trust
ORGANIZATIONthe Trustee of the 1999
ORGANIZATION
United States
LOCATION
Colorado
LOCATIONRifkind
PERSON
Alan Dershowitz
PERSONPhaidon
ORGANIZATIONWharton & Garrison LLP
ORGANIZATIONthe APO1 Trust
ORGANIZATIONBFP to NewCo
ORGANIZATIONB. Existing Insurance/Split Dollar
ORGANIZATIONWeiss
PERSONDeborah
PERSON