See 'Notes and Assumosons" Par. don 82 5,000.000 0.3680% 1,334,875,832 i82430% 18.873.821 1 380148 1,358,749.653 100 0001% V LB Heritage and Legacy Trust 750 Meadow Lane Added Upon Debris Death: 2: 0030C) Oars Black Won Esti% Probate Property S 254 809 013 Gross Probate Estate $ 254.809.073

animously, as there can be as many as seven Trustees (including Richard, John and the four children). There can be as many as five Trustees of each Legacy Trust, and each of the children has the right to remove and replace the Trustees of the Legacy Trust for his or her benefit with independent Trustees upon

i Jeffrey, I believe this is the highlighted information you are asking for below: At last week's meeting, Leon indicated that the new Heritage and Legacy Trust should provide that: • Trustees have discretion to invest in an unlimited number of entrepreneurial ventures per descendant (no cap of 3 ventures

son Re: Questions for your Meeting with Leon on 4.7.14 1. Heritage Trust. See attached Memorandum outlining possible changes to the Heritage and Legacy Trust Agreement. What are Leon's thoughts on these issues and what is the status of the list of art for each child's Legacy Trust? I have not yet given

the expiration of nine (9) months from the date of the Grantor's death, a copy of which shall be delivered contemporaneously to the Trustees of such Legacy Trust that shall receive a selected Collectible, and shall terminate completely if and to the extent it is not validly exercised within such time period.

f this. • The Overview assumes Leon selects $200 million of art from his estate and $100 million from the Heritage Trust to be held in each child's Legacy Trust. Leon's selection of what passes to the Legacy Trusts will dramatically influence the estate tax calculation. The greater the amount of includible a

outside Leon's estate (i.e., works held in the Heritage Trust after the pour-over of the 1997 and 2006 Trusts) will be distributed to each child's Legacy Trust; identified works of art held in LDB 2011 LLC will be held in such child's separate trust under the 2011 Trust Agreement. ii. Tangible personal pr

f this. • The Overview assumes Leon selects $200 million of art from his estate and $100 million from the Heritage Trust to be held in each child's Legacy Trust. Leon's selection of what passes to the Legacy Trusts will dramatically influence the estate tax calculation. The greater the amount of includible

Castrucci Subject: Your Document Request Hi Jeffrey, I have for you hard copies of the following: LDB Will LB Revocable Trust LB Heritage and Legacy Trust Summary of the above DRB Will and Summary Charts of all Trusts and Memo to Brad noting=those not on the charts. Roughly one inch of paper. Do you