=s. The other half was going to payment of taxes and management fees on the entire estate. In addition, close to $100,000 was going to expenses for Wellfleet and Alex's medical expenses. Hence before I withdre= a penny for daily life, I was already far over 5 EFTA_R1_01631182 EFTA02502745 the mandator

o put our new life together. But we took time off from the conference in Mexico to see you, with much pleasure; a few months before that we went to Wellfleet to spend some time with you. Harry, Amy and Alex have visited. I kept seeing Avi whenever we could arrange it, sometimes with Valeria, usually alone

r=. The other half was going to payment of taxes and management fees I= the entire estate. In addition, close to $100,000 was going to expe=ses for Wellfleet and Alex's medical expenses. Hence before I wi=hdrew a penny for daily life, I was already far over the mandatory withdra=al, which, by law, imposes

do to put our new life together. But w= took time off from the conference in Mexico to see you, with much pleasur=; a few months before we went to Wellfleet to spend some time with you.4) Harry, Amy and Alex visited in Cambridge. So did Avi, Mariola and=Ernesto. I kept seeing Avi whenever we could arran

=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 Subjec

rote: 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 distinct

h=t when I paid Alex's expenses, I had to withdraw over the limit, with =xorbitant taxes. Same with any other funds for any family matters, and wit= Wellfleet payments well after I stopped using the house, again with exorb=tant taxes. Of course I also needed to live, so that meant more with=rawals with ex

other half was being used to p=y management fees and taxes for the entire estate. Therefore, in ord=r to pay Alex's medical bills and expenses for Wellfleet, I had to mak= extra withdrawals with an onerous tax payment. And since I also nee=ed something to live on, I had to make still more withdrawals, wi

o put our new life together. But we took time off from the conference in Mexico to see you, with much pleasure; a few months before that we went to Wellfleet to spend some time with you. Harry, Amy and Alex have visited. I kept seeing Avi whenever we could arrange it, sometimes with Valeria, usually alone

ers. The other half was going to payment of taxes and management fees on the entire estate. In addition, close to $100,000 was going to expenses for Wellfleet and Alex's medical expenses. Hence before I withdrew a penny for daily life, I was already far over the mandatory withdrawal, which, by law, impose

ther ha=f was being used to pay management fees and taxes for the entire estate.4, Therefore, in order to pay Alex's medical bills and expenses for=Wellfleet, I had to make extra withdrawals with an onerous tax payment.4> And since I also needed something to live on, I had to make still more =ithdrawals,

hat when I paid Alex's expenses, I had to wi=hdraw over the limit, with exorbitant taxes. Same with any other funds for=any family matters, and with Wellfleet 2 EFTA_R1_01898382 EFTA02654101 payments well after I stopped using=the house, again with exorbitant taxes. Of course I also needed to l=ve, so

e have no access to, were being withdrawn from our IRA, carrying us well beyond the required withdrawal. In addition there were other expenses, like Wellfleet ($50,000 annually), Alex's annual medical bills, Max's bi=Is, and others. That has all led to rapid depletion of the IRA -- again, the only source w

by law, that were taking place every y=ar since I came until last year, and withdraws to pay expenses such as a r=nt in the amount of $50,000 to the Wellfleet house (that belongs to his ch=ldren), there were also some transactions in the account that did not come=to us or to our bank accounts, one of them

ugh some Trusts were established in Carol's name.Q Noam also provided them the homes they own and live, in addition to the=Lexington house and the Wellfleet house. =br> Forwarded message From: jeffrey E. <[email protected] <mailto:jeevacation@gmail=com» Date: Sun, Jul 2, 2017 at 5:22 =M Subject

rote: 1) The money under discussion is al= Noam's. All the other assets were transferred to Noam's children =n trusts or directly. For example, the Wellfleet house became a LLC =nder their names. 2) Carol had been working earli=r. But almost all the money was from Noam's income and there were no d=stinct

taxes and management fees for the entire estate. All of that exhausted the annual withdrawal, and the IRA was exhausted further by payments for the Wellfleet house, Alex's medical expenses, and others that you know about, compelling me to make further withdrawals just for ordinary daily expenses, and imp

taxes 1) The money under discussio= is all Noam's. All the other assets were transferred to Noam's ch=ldren in trusts or directly. For example, the Wellfleet house became=a LLC under their names. =) Carol had been working earlier. But almost all the money was from Noam8t0=9;s income and there were no dis

it, Bainco was paying out about half of the withdrawal in distributions to the family. About a third goes to taxes. The rest went to payments on the Wellfleet house. That exhausts the obligatory withdrawal. In addition, I was paying the management fees for the entire estate. And there were of course addit

tion numbers, not as the "large" or "smaller",=even because the one that is larger it had been used for other family memb=rs (distributions, taxes, Wellfleet, medical expenses, etc) and might beco=e the "smaller,", even because it keep being used for our livinrcosts and other expenses (mortgage, lawyers,

taxes and management fees for the entire estate. All of that exhausted the annual withdrawal, and the IRA was exhausted further by payments for the Wellfleet house, Alex's medical expenses, a=d others that you know about, compelling me to make further withdrawals just for ordinary daily expenses, and imp

tion numbers, not as the "large" or "smaller",=even because the one that is larger it had been used for other family memb=rs (distributions, taxes, Wellfleet, medical expenses, etc) and might beco=e the "smaller,", even because it keep being used for our living=costs and other expenses (mortgage, lawyers,

aken from the IRA -- half of the annual withdrawal requirement for distribution to family, taxes for the estate, management fees for the estate, the Wellfleet house, all of this exceeding the required withdrawal before we took a cent for ourselves, or started paying lawyers, etc. I could explain it to Debo

es as our "personal" expenses, such as medical expenses to Noam's grandchild, that in previous years were classified as "medical" or the rent of the Wellfleet house ($50,000.00) started coming as our "personal" expenses in Bainco's reports. This was used as the one of Max's arguments in the meeting that o

+0000 I) 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 names. 2) Carol had been working earlier. But almost all the money was from Noam's income and there were no distinct

am getting Noam's w=ole estate (meaning one of his two IRAs in Noam's name and meaning the=one that was being used for family members distributions, Wellfleet rent i= the amount of $50,000, other family expenses and our own expenses, theref=re being depleted at a high speed). And I have an additional conc

etting Noam's whole estate (meaning one of his two IRAs in Noam&e=9;s name and meaning the one that was being used for family members distri=utions, Wellfleet rent in the amount of $50,000, other family expenses and=our own expenses, therefore being depleted at a high speed). And I h=ve an additional conc

it, Bainco was paying out about half of the withdrawal in distributions to the family. About a third goes to taxes. The rest went to payments on the Wellfleet house. That exhausts the obligatory withdrawal. In addition, I was=paying the management fees for the entire estate. And there were of course addit=