EFTA02511740.pdf

From: Brad Wechsler Sent: Tuesday, February 3, 2015 4:19 PM To: Jeffrey Epstein Cc: Richard Joslin As u know the trusts are likely to assume 18mm of phaidon related debt and =ake available an additional 20-24mm. Trustees prelim point of view was to=put money in as debt at phaidon global (holding co) and then have dollars =o to operating entities: phaidon press ($2mm) as debt; art space (7mm) as =ebt; and RA (11.5mm) as likely equity since that seemed consistent with Id= agreement with judith. Without making this too complicated I obviously wld like to maximize tax be=efits for leon and/or the trusts now or in the future. Do you have a big =icture point of view? Thx, b Sent from my Verizon Wireless BlackBerry <?xml version=.0" encoding=TF-8"b <IDOCTYPE plist PUBLIC "-//Apple//DTD PLIST 1.0//EN" "http://www.apple.com/DTDs/PropertyList-1.0.dtd"> <plist version=.0"> <dict> <key>conversation-id</key> <integer>125939</integer> <key>date-last-viewed</key> <integer>0</integer> <key>date-received</key> <integer>1422980339</integer> <key>flags</key> <integer>8590195713</integer> <key>gmail-label-ids</key> <array> <integer>5</integer> <integer>2</integer> </array> <key>remote-id</key> <string>478807</string> </dict> </plist> 1 EFTA_R1_01644244 EFTA02511740