EFTA02709314.pdf

From: jeffrey E. <[email protected]> Sent: Friday, May 29, 2015 12:54 AM To: Melanie Spinella Subject: ulysses 2.0 I =ealize it is only due to a lack of understanind of the job ahead. an= not out of any sense of unwillingess to pay - as opposed to merely hiring people to set up=a family office, someone will have to do the following- separate fr=m the art partnership which is my responsiblity . there still =eeds to be a huge amount of work done for 2015,16. not to ment=on that brad at the moment is going to have train the incoming team?= your call strategic decisions re estate and other planning , sale of phaidon=etc. . in addition setting up for the accounting for each strategy i=.: income, estate, gift ,sales and use, transfer excise picasso, =031 calder.. review and detailed oversite of IRS SEC =AMING NYS. real estate, entity valuations ( many ) tax =AOfilings- disclosures, follow up of grats, trusts ,defective=trusts, Ilcs corps, trustees, partnerships. foreign corps. =C2 100 bank account need to be rationalized, not only having brad =tep in to children investments . gift taxes, trust , loans, no=es. payables. expenses allocations . . insurance.( life, art, =ACIsplit dollar), cashflows, operating biz, investments, contingent liabi=itiites.( funds, miami ), commitments funds and charities, divide=d treatment -important review of transcations relating to BRH (=amendments) TRA sale ( nuanced ) , shareholder agreements,=bank loan agreements new bank relationships. . wills, constru=tion accounting and oversite , contracts planning permits =A0etc..employee rules, regs, . checking account reconciliations, =A0crediti cards. jewelry , cost basis,( art stock etc.) =A0foundations regs , brokerage accts, . stock options,( ie en=ironmental solutions still not done !). estate tax calcualtion fired=ill, ( note ,basis etc ) review of boat expenses plane expenses, depreciation issues refunds etc. . rationalize all outside counsel= and accounting firms Paul Weisss , Mcdermit Will, Macfarl=nes. Price Waterhouse , Reich, withers bergman, Empire, akin gump,=bbd Seidman, Apollo in house counsel. set up a=d oversee brokerage accounts at JPM DB GS and thoughfull=y trade . new IT system from top to bottom full time =T person new accounting system - on- line ban=ing cooridnated with reports . fire drills as per caruci =( he sounds good ) and . audit system,s . review of john murp=y? joslin? dag? eva? . in house, review ho=sehold ( 12million ) review, filings- partnerhip accounting,- famili=arity with grats, trusts etc . audit system put in place. that should be t=e easy part. then strategy re: As new facts on t=e ground develop, phaidon debra, children meeetings, involvm=nt , trustees adjusted, stock sale sale of art„ apt( l=rge gain ), 1031 trade in , plane depreciation, boat sale. construction , =C2 brad will oversee brokerage and investment, ?? pe?. real estate=, . publishing, grats, tra, brh ( death). found=tion , museum, tax proejctions cash flow projections, cooridnation with ta= from apollo. etc you are sitting on over 100 m of cash???!! =br> =AO 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 EFTA_R1_02115393 EFTA02709314 [email protected]<=a>, and destroy this communication and all copies thereof, including=all attachments. copyright -all rights reserved --047d7beba176071cfe05172de8dd-- date-last-viewed 0 date-received 1432860817 flags 8590195717 gmail-label-ids 6 27 remote-id 510502 2 EFTA_R1_02115394 EFTA02709315