ghest Federal Estate Highest New York Estate Credit Tax Rate Tax Rate 2014 5.340,000 $ 2,081,800 40% 16% Notes and Assumptions: • Leon and Debra are presumed to die in 2014 with Leon immediately predeceasing Debra. • Debra's Will and Revocable Trust provisions are presumed to mirror those in

re presumed to mirror those in Leon's documents. • Administration expenses are assumed to be $5 million in Leon's estate and are assumed to be 2% of Debra's probate estate. • Valuation discounts totaling 30% are applied to the value of Black Family Partners. L.P. interests. • The value of the GRATs i

ein 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 Debra. Thereafter, the Trustee entered into a split dollar agreement (the "Agreements") between each Trust and AIF IV Management Inc. ("AIF"), as your em

ance Trust #2 dated September 13, 1999. • These policies, other than the Prudential policy, have a register date of April 28, 1999 in order to save Debra's insurance age. (Prudential utilizes "current age" vs. "closest age", therefore backdating was not necessary and the register date for the Prudenti

ance Trust #2 dated September 13, 1999. • These policies, other than the Prudential policy, have a resister date of April 28. 1999 in order to save Debra's insurance age. (Prudential utilizes "current age" vs. "closest age", therefore backdating was not necessary and the register date for the Prudenti

Trust—Owned Life Insurance was implemented on Leon's life and $100,000,000 of Second-to-Die, Trust—Owned Life Insurance was implemented on Leon and Debra's lives. The policies utilized are Variable Universal Life Insurance policies with a variety of large, high quality carriers. Below is a summary

ebra survives, any items identified as part of a child's art collection and held in Debra's marital trust will pass to such child's Legacy Trust at Debra's subsequent death). If a child predeceases Leon leaving descendants, his or her designated art collection will be divided and held in separate Leg

the Trustees may pay him, income and principal at any time and for any purpose. c. Should Leon become incapacitated, the Trustees may make gifts to Debra, descendants, Judy Black, Shirley Black, and charitable organizations. 3. Upon Leon's Death a. Tangible personal property. Leon is to identify spe

ounting of 2006 Trust Raich Complete 5. Prepare Accountings of GRATs A-K Raich Complete 6. Evaluate the extent to which other family members (Debra and the children) should have separate counsel. Team Complete Confirm that John Hannan and Richard Ressler will proceed without separate counsel

ty (cane collection, rare book collection, bronzes, etc.). Family Office Good progress made. Need to check with Eileen. 2. Prepare inventory of Debra's personal property, including jewelry. Family Office In progress 7 of 9 EFTA00583496 CHECKLIST FOR LEON BLACK ESTATE PLANNING AND RESTRUCTURIN

he assets remaining in the trust at the death of the survivor of you (including all appreciation on the original gift) should pass to the trusts for Debra's issue without federal or New York estate tax. D. Income Tax During Debra's lifetime, the primary trust will be a grantor trust. This means that

e DRB 2012 Family Trust Agreement and the anticipated tax consequences of certain of its provisions. I. The DRB 2012 Family Trust A. Trust Fund Debra will be the creator of the trust. It is anticipated that she will transfer assets valued at an amount equal to Debra's remaining gif tax credit to t

o: Eileen Alexanderson Subject: Debra's Trust to use up the Exemption Amount Hi Eileen, Now I know why I could not remember reviewing the draft of Debra's trust—I sent Elyse my comments to the Debra R. Black 2011 Family Trust on December 13, 2011. Almost a year agol I never did see the final version

the Exemption Amount Ada, Comment 29.2--yes, that is correct. Attached is a revised version of the agreement, with a redline. Eileen, What will Debra be using to fund this trust? Thanks. Elyse Elyse G. Kirschner I Partner McDermott Will & Emery LLP I - www.mwe.com From: aapp, Ma [mailto: Sen

ance Trust #2 dated September 13, 1999. • These policies, other than the Prudential policy, have a register date of April 28. 1999 in order to save Debra's insurance age. (Prudential utilizes "current age" vs. "closest age", therefore backdating was not necessary and the regis er date for the Prudenti

nce Trust #2 dated September 13, 1999. ) These policies, other than the Prudential policy, have a register date of April 28, 1999 in order to save Debra's insurance age. (Prudential utilizes "current age" vs. "closest age", therefore backdating was not necessary.) CARRIER - - POLICY NUMBER AMOU

booklet redeemable at various booths for cheap clothing, new iPads, make- Taylor and Ben Stiller, Cate Blanchette, Susan and Robert Downey, Jr., and Debra and Hugh Jackman. Next stop is The Weinstein Company's Pre-Oscar party at the Soho House, sponsored by MontBlanc, the piano in hopes of winning a Max

[email protected]>; AN FCI <[email protected]>; AN Squad 6 <[email protected]>; Anderson, Amy E. (OT) (FBI) <[email protected]>; Anderson, Debra (BA) (FBI) <[email protected]>; AN-FIG2 <[email protected]>; Turner, Ceri Nicole (CD) (FBI) <[email protected]>; Angell, Kristina Maria

nnaissance is crucial. Would he meet with me? Kosher? I'd also love to meet with the Blacks as | get closer to making content on theatre. | hope that Debra is well. And heard there's another little Jeff in the caribbean... Best, Elisa New Powell M. Cabot Professor of American Literature Harvard Univer

s. Are you in agreement with this proposal? Regards, Paolo From: Teresa Metallo Sent: Thursday, January 18, 2018 12:11 PM To: Paolo De-Leon >: Debra laser Surendra Singh >; Abhijit Mukherjee Halina Laczny . . > Cc: Keith Buckholz >; Srikanta Gouda .: >; Subject: RE: New Derivatives accoun

ot one time in the three years of his retainer has he ever before proposed a unique idea. (Including any way to deal with the use of art, issue upon Debra's death, or even the most basic review of your largest asset by far, the BRH agreement.) O.K. - lets say he made a contribution to the plan and str

228k $25m11 $4.2m11 25-Apr loan repay $30mi1 $ 4.3mi1 $ 4.3mi1 $30mi1 $3.1mil $6.1mil $5.6mi1 $18.0mil Trusts formed 12/31/12: Mallory (Debra) $4.1mil Gandalf (Alex) $5.12mil Rollo Tomasi (Vic) $5.12mil Tron (Josh) $5.12mil Yggdrasil (Ben) $5.12mil Self settled trusts: Ben Black

SETA,EDWARD B STEPHAICH,LOUISE BEIR,DEBRA HOLLIS,EARL A WYSER-PRATTE,HEATHER

k also put Mr. Epstein on the board of his family's main foundation in 2000. According to public charitable filings, he remained on the board of the Debra and Leon Black Family Foundation until 2012, although a spokeswoman for the foundation, Carolyn Sargent, said he actually resigned in 2007. https:/

and finish editing David Blaine film 11:00am Appt w/Adam Bly 2:30pm Phone Date w/Dean Kamen WED. APRIL 3, 2013 NY 9:00am Meeting w/Leon Black and Debra at Apollo Offices 10:00am Appt w/Alan Halperin 6pm to 7pm Arrival for Appt w/Dr. Tin de ending on how his surgeries go this day will determine ac

to comply with discovery and disclosure obligations in any prosecudons related to this matter. Dated: • New York, New York • DEC 1 9 2313 •.S/Debra.'rir, i;r+an UNITED STATES MAGISTRATE JUDGE . • Y1 • Debra Freenneii United States Magistrate sludge Southern District of Now York EFTA001521

nnaissance is crucial. Would he meet with me? Kosher? I'd also love to meet with the Blacks as | get closer to making content on theatre. | hope that Debra is well. And heard there's another little Jeff in the caribbean... Best, Elisa New Powell M. Cabot Professor of American Literature Harvard Univer

nd finish editing David Blaine film 11:00am Appt w/Adam Bly 2:30pm Phone Date w/Dean Kamen WED. APRIL 3, 2013 NY 9:00am Meeting w/Leon Black and Debra at Apollo Offices 9 West 57th Street, 10:00am Appt w/Alan Halperin ( THURS. APRIL 4 2013 NY Reminder: David Blame's birthday is April 4 TBD Schm