From: Sent: To: Subject: jeffrey E. <[email protected]> Friday, November 7, 2014 4:03 PM Jeffrey Epstein Fwd: Forwarded messag= From: jeffrey E. <[email protected]= <mailto:[email protected]» Date: Fri, Nov 7, 2014 at 11:56 AM Subject: To: =effrey Epstein <jeevacation@gm=il.com <mailto:jeevacation@gmailcom» recent planning has been remarkable given the highly&nb=p; unusual circumstances. aggressively suggesting "I am talking out of =oth sides of my mouth" when i say that I strongly beliieve your team needs to be=br> seriously upgraded to match the high As you are well aware, There is little I won't do for you, or at least try to do as = friend, and a great deal that I have already done ( b=th known and some things that willneed to remain unknown.) Our arrangement was for me to architect&nbs=; sophisticated structures that would be beneficial to you. &nbs=; that is what l have done and will continue do in or=er to fulfill my obligations under our agreement. The =discovered fact that you in reality need an entire family office built from scratch has been trying<=r> I have aleady agreed de- facto to try to help. I would s=ggest that Phaidons payroll and attention pales in importance to your personal structure,which has taken a back seat, Some of my suggestions regarding the Eysium = office are as follows you will need a budget of 3- 5 million per year. CEO 1 million, new tax person to work with rich, 250. new bookkeeper ,200 new paralegal to work with ADA Alan etc , coordinating with Apollo, Akin , paul weiss , new acct openings , sec filings, sales tax review, et=. $150 . art point person. loan , inventory, purchasing support, $??&am=;nbsp; software servers. video conferencing, tax oversight. <=r> <br></div> I believe You should rapidly address trustees , gift trust,&n=sp; succesion, wills of debra and children, , monetization events = cash flow. etc I can of course share my experiences with you on each issue. <br></div> Anbsp; With regard the more pressing issue I am uncertain of just =ow to proceed. I am torn, as my very strong inclination is no= to be involved at all . It is extremely time consuming, delicate, fraught with many pitfall many that will make you very upset and a major pain in the ass. I wrote you months ago that the quality of the people involved need to&nb=p; be upgraded. ( lucky for me these last issues arose way before=the begining of my involvement ) I am also aware however of&nbs=; my overarching friendship obligations of ok, -given all the complexities who else can do it? problem. <br> Your family office needs a daddy.&a=p;nbsp; children with good intentions are running around , sniping , nitpicking with little direction. As a stopgap measure I am suggesting , we put i= Larry Delson to take charge Everyone would report to him.&nbs=; eileen included. He would however work for me. this is not, by a long first choice as I prefer only being responsible and standin= behind my own personal word DONE will no long=r be transmitted to reflect status stated by others ) <br></div> AnbspAnbsp; With no commitment onar> my part whatsoever, to do it. So far failed&n=sp; in my attempt in trying to think through the problem = creatively work ( ie the as I have . My EFTA_R1_01652359 EFTA02517188
organizations handling of the more complex isssues I believe you might find ver= costly, very ! ( however many structures available some risk sharing, maybe risk caps ,etc ) but would require my teams doing the work , not<=r> yours. <span style="background-color: rgb(255, 255, 0);">Ada should be only a trust, grat administrator. not sure what role y=u prefer for Eileen as you hired her initially to oversee investments. = whether Rich your controller stays or not, is not urgent. having Tom repo=t to a new person,- is. </span> coordination with S=ydam Kathy gregory, I would suggest limiting to one person. The increasing public profile needs to be=taken into consideration. <br></div> talk l=ter..<br clear="all"><br>-- < please note The information containe= in this communication is confidential, may be attorney-client privileg=d, may constitute inside information, and is intended only for the u=e of the addressee. It is the property of JEE Unauthorized use, disc=osure or copying of this communication or any part thereof is strictly =rohibited and may be unlawful. If you have received this communicati=n in error, please notify us immediately by return e-mail or by e-mail =o jeevacation@g=ail.com <mailto:[email protected]> , and destroy this communication and all copies thereof, =ncluding all attachments. copyright -all rights reserved </=iv> 2 EFTA_R1_01652360 EFTA02517189




