From: "Jeffrey E." <[email protected]> To: Jeffrey Epstein <[email protected]> Subject: Fwd: Date: Fri, 07 Nov 2014 16:03:16 +0000 Forwarded message ----- From: Jeffrey E. [email protected]> Date: Fri, Nov 7, 2014 at 11:56 AM Subject: To: Jeffrey Epstein <[email protected]> • recent planning has been remarkable&nbsp; given the highly&nbsp; unusual circumstances.&nbsp; aggressively suggesting "I am talking out of both sides of my mouth" when i say that I strongly beliieve your team needs to be seriously upgraded to match the hig h As you are well aware, There is little I won't do for you, or at least try to do&nbsp; as a friend, and&nbsp; a great deal&nbsp; that I have already done (&nbsp; both known and some things that&nbsp; willneed to&nbsp; remain unknown.) &nbsp; Our arrangement was for me to architect&nbsp; sophisticated structures that would be beneficial to you.&nbsp;&nbsp; that is what I&nbsp; have done &nbsp; and will continue&nbsp; do in order to fulfill my obligations under our&nbsp; agreement.&nbsp; &nbsp;&nbsp; The&nbsp; discovered fact that you&nbsp; in reality need an entire&nbsp; family office built from scratch has been trying &nbsp; I have&nbsp; aleady&nbsp; agreed&nbsp; de- facto to try to&nbsp; help.&nbsp; I would&nbsp;&nbsp; suggest that Phaidons payroll and attention pales in importance&nbsp; to your personal structure,which has taken a back seat, Some of &nbsp; &nbsp;&nbsp; my suggestions&nbsp; regarding the Eysium&nbsp; office&nbsp; are as follows&nbsp;&nbsp; you will need a budget of 3- 5 million per year.&nbsp; CEO&nbsp; I million,&nbsp; new tax person to work with rich, 250.&nbsp; new bookkeeper&nbsp; ,200&nbsp;&nbsp; new paralegal to work with ADA Alan etc , coordinating with Apollo, Akin , paul weiss , new acct openings , &nbsp; sec filings , sales tax review,&nbsp; etc. &nbsp; $150 . art point person. loan , inventory, purchasing support, &nbsp; $??&nbsp; software servers. video conferencing,&nbsp; tax oversight. &nbsp;&nbsp; <br></div>&nbsp;&nbsp; I believe&nbsp; You should&nbsp; rapidly address trustees&nbsp; , gift trust,&nbsp; succesion,&nbsp; wills of debra and children,&nbsp; ,&nbsp; monetization&nbsp; events , cash flow. etc &nbsp;&nbsp;&nbsp; I can of course&nbsp; share my experiences with you on each issue. <br></div>&nbsp;&nbsp; WIth regard&nbsp; the more pressing issue I am uncertain of just how to EFTA00868790

proceed.&nbsp;&nbsp; I am torn, as my very strong inclination is not to be involved at all .&nbsp; It is extremely time consuming, delicate, fraught with many pitfall many that will make you very upset and a major pain in the ass.&nbsp;&nbsp; I wrote you months ago that the quality of the people involved need to&nbsp; be upgraded. ( lucky for me&nbsp; these last issues arose way before the begining of my involvement ) &nbsp; I am also aware however&nbsp; of&nbsp; my overarching friendship&nbsp; obligations of&nbsp; ok, -given all the complexities&nbsp; who else can do it? problem. <br>&nbsp;Your family office needs a daddy.&nbsp; children with good intentions are running around , sniping , nitpicking with little direction.&nbsp; As a stopgap measure I am suggesting , we put in Larry Delson to take charge&nbsp; Everyone would report to him.&nbsp; eileen included. He would however work for me.&nbsp; this is not, by a long shot&nbsp; my first choice as I prefer only&nbsp; being responsible and standing behind my own personal&nbsp; work (&nbsp; ie the word DONE will no longer be transmitted to reflect status stated&nbsp; by others )&nbsp; <br></div>&nbsp;&nbsp;&nbsp; With no commitment on my part whatsoever, to do it. So far as I have&nbsp; failed&nbsp; in my attempt in&nbsp; trying to think&nbsp; through the problem&nbsp; creatively . My&nbsp; organizations handling of the more complex isssues I believe you might find&nbsp; very costly, very ! ( however many structures available&nbsp; some risk sharing, maybe risk caps ,etc ) but would require my teams doing the work&nbsp; , not yours.&nbsp; <span style="background-color: rgb(255, 255, 0);">Ada&nbsp; should be only a trust, grat administrator.&nbsp;&nbsp; not sure what role you prefer for Eileen as you hired her initially&nbsp; to oversee investments.&nbsp; whether Rich your controller stays or not,&nbsp; is not urgent.&nbsp; having Tom report to a new person,- is.&nbsp;&nbsp;&nbsp;</span> coordination with Suydam Kathy gregory, I would suggest limiting to one person.&nbsp; The increasing public profile needs to be taken into consideration. <br></div>&nbsp;&nbsp; talk later. <br clear="all"><br>-- please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and EFTA00868791

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