From: jeffrey E. <[email protected] <mailto:[email protected]» Date: Sun, Jul 2, 2017 at 7:43 AMSubject: Re: taxes To: Valeria Chomsky <mailto What is the wellfleet house? Do they earn mone= of their own ? Do they depend on Noam for money ? Do they ha=e families? <=1" On Sun, Jul 2, 2017 at 1:36 PM Valeria C=omsky <mailto > wrote: The =oney for the Trusts for them came totally from Noam,according to Noam, alt=ough some Trusts were established in Carol's name. Noam also pro=ided them the homes they own and live, in addition to the Lexington house =nd the Wellfleet house. <=iv> Forwarded message From: jeffrey E. <[email protected] <mailto:jeevacation@gmail=com» Date: Sun, Jul 2, 2017 at 5:22 =M Subject: Re: taxes To: Valeria Chomsky <mailto yes, the money in trust for them originally came=from Noam correct? On Sun, Jul 2, 2017 at 12:4= AM, Valeria Chomsky <mailto target=> wrote: 1) The money under discussion is all Noam's= All the other assets were transferred to Noam's children in trusts or=directly. For example, the Wellfleet house became a LLC under their =ames. 2) Carol had been working earlier. But almo=t all the money was from Noam's income and there were no distinction b=tween the two income flows. Valeria Forwarded messa=e From: jeffrey E. &=t;jeevacation@g=ail.com <mailto:[email protected]» Date: Sat, Jul 1, 2017 at 11:55 PM Subject: R=: taxes To: Valeria Chomsky <mailto - 2 EFTA_R1_01880655 EFTA02644730
l=personally will meet with speak with any one or all of them. s= put your mind at ease. they are right in certain =egards. however it tells me little re the overall situation. * The interest language is ok. it was designed=to merely pass through the same amount that the trust was paying , a= they were borrowing the money themselves from pershing. and y=u were only required to pay the same rate that they were paying. .40 however I have many questions re the overall. 4> . we can rectify this fairly quickly . but I wa=t to make sure we have all the documents first. 14> did the children EARN any of the money under discussion or is =his all noams. 2 did his past wife earn this money. 40 ? I suggest you tell them that you wish to collect all docu=ents in one place. and then the moment that is complete you will hav= someone sit with them. . dont let on its me...A0 . tell them as soon as you have all the docs you will strai=hten this all out. . On Sat, Jul 1, 2017 at 9:13 PM, Valeria Chomsky &=t <mailto > wrote: Jeffrey, We just received the following letter. Noam would like if you could take a look at this letter and let us kn=w if it is accurate or not on the interpretation of the promissory note.40 And if not, could you please explain why it is not? </=iv> Valeria =div> Forwarded message F=om: Diana Chomsky Date: Sat, Jul 1, =017 at 7:32 PM Subject: Re: taxes To: Noam Chomsky Cc: Avi =homsky , Harry Chomsky, Valeria Chomsky Hi, thanks for your reply. We are very, very concerned that y=u are not understanding and not getting help in understanding what is happeni=g with your finances. Your responses below only increase our concern. The three of us are not able to serve as financial advisors. We urge you strongly to speak directly with Max so that he can clarify what he says in the Memo and explain what the Promissory Note language means. Just to give you one example of ou= concern: You focus on one phrase: that the interest will be "=t the highest rate in effect." But you are taking those words out of =ontext. We really don't think we should be trying to explain these d=tails to you, but to try to summarize: this phrase applied to the double nature of the loan—the Marital Trust had to borrow money from Persh=ng to make the loan to you, until the Lexington house was sold. The phrase you quote applies only to that brief period, and has no impact on the interest accruing now or in the future. We can see why focusing on those s=x words would make you angry. But the six words mean nothing in and of themse=ves (i.e., what rate is "in effect"?). But instead of doi=g the logical thing—getting the full information—you are just so angry th=t you refuse to find out the truth. 3 EFTA_R1_01880656 EFTA02644731
Again, this is just one example of=where you are stating conclusions based on faulty or incomplete information. There are explanations for your other issues as well (how the DNI is paid to you, how the interest payments can be made, etc) but rather than us trying to summarize the information for you here, we think it would make more sense for you to discuss them with the people who set all of this up, in the context of a broader conversation. Reading your response only redoubles our sense that you are simply misreading important elements of your entire financial situation, and that you are making big decisions based on faulty information. We feel that you have painted yourself into a corner, in which you arrive at the worst possible interpretation of complex legal language, and then refuse to speak with the very people who could explain it to you, and just get angry at them based on your misin=erpretations. We beg you once again to meet with=us and with the people who set up the Trust, the loan, etc., to clarify these issues. Love, Avi, Diane and Harry From: 40 Noam Chomsky =br>To: 4> Diana Chomsky4, Cc: 4) Avi Chomsky , Harry Chomsky , Valeria Chomsky Date: 30/06/2017 19:41 Subject: 40 Re: taxes Glad to see the memo. I compared the memo with t=e original document, the promissory note that is the official signed agreemen=. The memo is in error about the promissory note. The facts are as I already described them. A few comments interspersed into the memo you sent, attached. I don't see any point in discussions with Max and =ainco. The facts seem completely clear. If there are other issues, I'd of course be glad t= know about them. I hope we can settle all of this quickly. 0 On Fri, Jun 30, 2017 at 1:56 PM, Diana Chomsky<=ont size="3"> wrote: As promised, please find attached = memo with information about the Marital Trust, and in particular the condit=ons on the loan from the Trust, which are somewhat different from what you indicated to us in your previous email. We have thought for a long time that you have misunderstood key aspects of the financial situation. This is why we have been asking you to meet with us and with Max and Bainco. The issues discussed in this memo are only one part of the picture. We still think that the meetin= we have been urging is important and could clear up other issues. Love, Avi, Diane and Harry 4 EFTA_R1_01880657 EFTA02644732


