EFTA02657872.pdf

From: Noam Chomsky Sent: Monday, May 21, 2018 7:33 PM To: jeffrey E.; Valeria Chomsky Subject: Re: Marital Trust Just wrote Harry, along the lines we discussed, and I adde= what you suggest here about attacking the will. All crazy. l&=39;d like Harry to come straight out and say what Max attributes to him.=C24> I've asked several times, but no response yet. And may aga=n if the occasion arises. On Mon, May 21, 2018 at 12:22 PM, jeffrey E. <[email protected] <mailto:[email protected]> wrote: once you get the proposed split. there are many mechanis=s , releases etc. they will want you to have=C2* a lawyer so that they can protect against a future lawsuit based on =ot full understanding , it is common. =C240 FYI, according to max. harrys position is that car=l would not have wanted her portion of the money to go to valeria.=C240 its a silly argument. . 4o=A0 with releases from all , valeria you harry and =our daughters anytihing is possible. . you will ne=d to include an agreement not to attack your will. to protect valeri=. On Mon, May 21, 2018 at 9:06 PM Noam Chom=ky wrote: I'll ask directly On Mon, May 21, 2018 at 11:26 AM, jeffrey E. <[email protected] <mailto:[email protected]» wrote: =div> The elephant in the room is his sugested split <=iv classem_2430396908113142284m_7680705085331452505HOEnZb"> On Mon, May 21, 2018 at 8:11 PM jeffrey E. <[email protected]>= wrote: Ok On Mon, May 21, 2018 at 8:09 PM Noam=Chomsk rote: =div class="gmail_quote"> I'd like to hold off on this for a=bit. I'm curious to learn more about Harry's thinking. </=iv> EFTA_R1_01904248 EFTA02657872  I'd like to write to him saying that there's nothing i= Mass law that prevents beneficiaries from doing as I suggested. He =an relieve his concerns about future fiduciary responsibility by resigning= and we can return to the situation before I appointed him trustee, when I=was trustee and had no concerns about fiduciary responsibility. If h= feels that he has carried out past actions that make him liable to some l=gal process, he should arrange with his lawyer about ways to protect himse=f. I would also like to ask him more directly than before what he th=nks would be a proper division. Then we can go on from there= OK? =div class="m_2430396908113142284m_768070508533145250Sm_- 2209625739878919=S0m_-1544771743746960951m_-1593438323203754349HOEnZb"> On Mon, May 21, 2018 at 2:03 AM, jeffrey E. <[email protected]</a> wrote: Rich Kahn =an talk with Harry if ok with u On Mon, May 21, 2018 at 10:13 AM jeffrey E. <[email protected]>=wrote: All =illy , they can makes final distribution of 2 million dollars and you and=Valeria release all. Max Harry children and you receive releases - easy4P=A0 On Mon, May 21, 201= at 6:46 AM Noam Chomsk wrote: the latest. Mass law prevents benefic=aries to divide up a trust and liquidate it? =div> =div> Forwarded messa e ----=----- From: Harry Chomsky « Date: Sun, May 20, 2018 at 9:19 PM Subject: Re: Marital T=ust To: Noam Chomsky • n Sat, May 19, 2018 at 2:26 PM, Noam Chomsky < =rote: I'm glad that you find th= idea interesting and think that you might consider it, though you have to=consult lawyers first. 2 EFTA_R1_01904249 EFTA02657873  My own view is different. To m= the proposal I suggested seems to be a very simple way of settling this m=tter, which to me is extremely troubling. I realize that this is jus= another case of a longstanding difference in the way we approach these pr=blems, a difference that has been clear ever since we were discussing the =nterest on the loan from the Trust and found that we could not communicate=because I mistakenly assumed that it was a discussion among family members=while your letters made it very clear and explicit that you saw it as a le=al issue to be settled among lawyers and Bainco, perhaps with a mediator i= the adversary proceeding. All matters I find it very hard to compre=end, and to live with, but so be it. So by all means consul= with your lawyer, or perhaps a battery of lawyers, to make sure that your=interests are properly protected. I don't need any lawyer's =dvice. The matter is perfectly clear and straightforward. So t=ere is no reason for me to hire a lawyer to deal with the question and to =ave a lawyer contact yours and initiate a discussion in which we all parti=ipate. The matter is very simple. We can proceed with=ut delay if you agree to settle the issue in the simple manner that I sugg=sted. As for your proposals in your letter of March 29, as = wrote you, the letter was so shocking that it was hard for me to bring my=elf to respond, but I did, in detail, but decided not to send it. Pe=haps I should. Will think about it. As for your propo=als, my response was the obvious one. I'm sorry for the stress y=u had to endure, but your efforts were a waste of time for reasons I had a=ready fully explained before you undertook them. As I'm sure you=recall, a few years ago, I requested tax payments from the marital trust w=en my IRA was being rapidly depleted by my advisers who were distributing =alf to family and using the other half to pay management fees and taxes fo= the entire estate, so that to pay Alex's medical expenses and the exp=nses for Wellfleet I had to withdraw excess funds with exorbitant taxes, a=l that before withdrawing even a cent to live on again with exorbitant tax=s. Your response was to refuse the request unless I agreed to intrus=ve and insulting financial investigations -- of a kind I never considered =hen providing funds to you for something you needed. I made it clear=and explicit at the time that I would not submit to this procedure. =ince your efforts and proposals simply repeat the same procedure, they wer= a waste of time. There were some things in your letter tha= were correct. You're right that despite what has happened, I L-=;m still a "wealthy man," with income well above the median, tho=gh lacking a pension and accumulated property, not at the level of my peer=. Furthermore, I can supplement my income by teaching large undergra=uate courses, something I'd never done and that is not that common for=people approaching 90, but something that I enjoy. And you too are a=wealthy man, for the same reasons: the reasons are that I've worked ha=d all my life, lived fairly simply (and live even more simply today), and =as therefore able to put aside enough money to ensure that my children and=grandchildren are very well cared for, indefinitely. =/div> But I again suggest that we put all of this aside, and deal quickly a=d simply with what appears to be the one outstanding issue: dividing the M=rital trust and then dissolving it, all very simple, needing no lawyers, a= least on my part. D On Fri, May 18, 2018 at 1:44 PM, Harry C=omsky wrote: 3 EFTA_R1_01904250 EFTA02657874  This is an interesting idea. We could consider it further, but = would need the advice of my lawyer — and I assume you would want =our own lawyer's advice as well — to ensure that any agreement=we reach is consistent with Massachusetts law and satisfies the interests,=needs, and obligations of everybody involved. Perhaps, as a next ste=, you could ask your lawyer to contact mine and begin a discussion in whic= we all participate. I'm also curious to hear=your thoughts about the proposals I suggested in my message on March 29th.=/div> On Thu, May 17, 2018=at 10:05 AM, Noam Chomsky rote: As I wrote a little while ago, I did write a long r=sponse to your last -- deeply depressing -- letter, but decided not to sen= it. I may return to that letter later but will keep to some factual=matters that ought to be cleared up. But now I'm wr=ting just about one point, which seems to be the core of the problem -- a =roblem, which, again, I don't understand. But let's put that=aside, though I hope we can clear it up soon. All of this is a =painful cloud that I never would have imagined would darken my late years.=/div> The core issue seems to be the marital trust.Q=A0 I've explained how M and I actually set it up with Eric, which seem=d to us just plain common sense. I've also explained Max's d=fferent interpretation. I've asked you for yours, but haven'= heard it. But let's put that aside too, and just resolve the ma=ter, as can be done very simply -- with no need for lawyers to explain the=fiduciary responsibility of the trustee I appointed years ago to replace m=, something I never paid any attention to before. So I suggest that we proc=ed this way, and end the whole matter -- at least, whatever it is that I u=derstand about what is of concern to you. 0 =/div> please note The=information contained in this communication is confidential, may be att=rney-client privileged, may constitute inside information, and is inten=ed only for the use of the addressee. It is the property of JEE U=authorized use, disclosure or copying of this communication or any part=thereof is strictly prohibited and may be unlawful. If you have receive= this communication in error, please notify us immediately by 4 EFTA_R1_01904251 EFTA02657875  return=e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and al= copies thereof, including all attachments. copyright -all rights reser=ed 40=A0 please note The information contained in this=communication is confidential, may be attorney-client privileged, mayconstitute inside information, and is intended only for the use of the=addressee. It is the property of JEE Unauthorized use, disclosure or=copying of this communication or any part thereof is strictly prohibite= and may be unlawful. If you have received this communication in err=r, please notify us immediately by return e-mail or by e-mail to [email protected]<=a>, and destroy this communication and all copies thereof, including=all attachments. copyright -all rights reserved =C240 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> =C240 please note The information contained in this communic=tion is confidential, may be attorney-client privileged, may constit=te inside information, and is intended only for the use of the addresse=. It is the property of JEE 5 EFTA_R1_01904252 EFTA02657876  Unauthorized use, disclosure or copying =f this communication or any part thereof is strictly prohibited and =ay be unlawful. If you have received this communication in error, pleas= notify us immediately by return e-mail or by e-mail to [email protected], and<=r>destroy this communication and all copies thereof, including all atta=hments. copyright -all rights reserved please note The information contained in this communication is confidential, may b= attorney-client privileged, may constitute inside information, and is =ntended only for the use of the addressee. It is the property of JEE=br>Unauthorized use, disclosure or copying of this communication or any=part thereof is strictly prohibited and may be unlawful. If you have re=eived this communication in error, please notify us immediately by r=turn e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication a=d all copies thereof, including all attachments. copyright -all rights =eserved 6 EFTA_R1_01904253 EFTA02657877