Epstein Secrets

anagement LLC) FROM: Charles T. Dowling Elizabeth A. Kubanik RE: Leon Black Estate Planning This memorandum summarizes our high-level thoughts on Leon Black's estate planning based upon the information and documents that have been provided to us and our discussions with you. As a general matter, we have b

questions or comments you may have on the topics discussed in this memorandum or any other aspect of Leon's estate planning. C.T.D. E.A.K. cc: Leon D. Black Alan S. Halperin (Paul, Weiss, Riflcind, Wharton & Garrison LLP) -14- EFTA00591806

harles T. Dowling Elizabeth A. Kubanik RE: Leon Black Estate Planning This memorandum summarizes our h

the sale of artwork and exchanges of AOG units to satisfy the loans in cash. Payment of CLAT annuity payments to the Leon Black Family Foundation (the "Foundation") in kind with BFP interests or artwork also raises self- dealing issues. The transfer of BFP interests or artwork to the Foundation would be treate

OMPENSATION 34 EFTA00609832 ARTICLE XX: ACTION BY TRUSTEES 39 EFTA00609833 DECLARATION OF TRUST made the 30thday of September. 1997, by LEON D. BLACK. as Senior and as Trustee. ARTICLE I: DEFLNITIONS AND RULES OF CONSTRUCTION (A) Senior's Family. The Senior is married to DEBRA R. BLACK ("DEBRA

u....stv-I • 01761 THE LEON 13. BLACK 1997 REVOCABLE DECLARATION OF TRUST EFTA0060983

king the dispositions in subsections "(1)" through "(13)" of this section "(C)" inclusive, shall be paid to the LEON BLACK FAMILY FOUNDATION, INC. (the "Foundation"), if it is then a Qualified Charitable Organization. It is my desire that the directors of the Foundation expend this disposition for the followin

1401 New York, New York 10022 Attn: Mr. Leon D. Black, President Re: Resignation of Assistant Secreta

, NY 10022 Dated as of: August , 2014 LDB Foundation C/o Elysium Management LLC 445 Park Avenue, Suite 1401 New York, New York 10022 Attn: Mr. Leon D. Black, President Re: Resignation of Assistant Secretary and Director Dear Leon: I hereby resign as Assistant Secretary and Director of The LDB Foundati

on: I hereby resign as Assistant Secretary and Director of The LDB Foundation, a foundation incorporated in the State of Delaware on June 19, 2006 (the "Foundation), which resignation shall be effective as of the date of this letter. Please forward a copy of this letter to the other directors of the Foundation

E. Lerner Dated as of: August , 2014 LDB Foundation C/o Elysium Management LLC 445 Park Avenue, Suite 1401 New York, New York 10022 Attn: Mr. Leon D. Black, President Re: Resignation of Assistant Secretary and Director Dear Leon: I hereby resign as Assistant Secretary and Director of The LDB Foundati

1401 New York, New York 10022 Attn: Mr. Leon D. Black, President Re: Resignation of Assistant Secreta

on: I hereby resign as Assistant Secretary and Director of The LDB Foundation, a foundation incorporated in the State of Delaware on June 19, 2006 (the "Foundation), which resignation shall be effective as of the date of this letter. Please forward a copy of this letter to the other directors of the Foundation

LEON BLACK FAMILY FOUNDATION, INC. CONFIRMATION OF RESIGNAT

ty, including, without limitation, as a Director or a Member of the Executive Committee of the Foundation. LEON BLACK FAMILY FOUNDATION, INC. By: Leon Black, President CONFIRMED BY: Jeffrey Epstein EFTA00296358

rrect copy of Jeffrey Epstein's resignation (the "Resignation") from the Leon Black Family Foundation, Inc., a Delaware not-for- profit corporation (the "Foundation"), as a Director and a Member of the Executive Committee of the Foundation. The Foundation has been unable to locate either the signed original or

under the Declaration will be distributed to the Leon Black Family Foundation, Inc. (the "Foundation"), or i

r the Declaration will be distributed to the Leon Black Family Foundation, Inc. (the "Foundation"), or i

not effectively disposed of upon the termination of any trust under the Declaration will be distributed to the Leon Black Family Foundation, Inc. (the "Foundation"), or if it is not then a qualified charitable organization, the Trustees will select one or more qualified charities as the recipient(s). If the F

, WSW es' mobile home. 1. 2005 Cadillac Other Black Auto (Tear) unknown (Make) FL This vehicle

rporation under the General Corporation Law of the State of Delaware, certifies as follows: FIRST: The name of the corporation (hereinafter called the "Foundation") is The C.O. U.Q. Foundet ion. Inc. SECOND: The address of the Foundation's registered office in the State of Delaware is Corporation Trust Cent

inns, es. mobile home 1. 2005 Cadillac Other Black Auto (Tear) unknown (Make) FL This vehicle

rporation under the General Corporation Law of the State of Delaware, certifies as follows: FIRST: The name of the corporation (hereinafter called the "Foundation") is The C.O.U.Q. Fbundat ion. Inc. SECOND: The address of the Foundation's registered office in the State of Delaware is Corporation Trust Cente