EFTA00816887.pdf

From: "jeffrey E." <[email protected]> To: Leon Black Subject: Fwd: Fire Drill Date: Fri, 30 Sep 2016 09:13:49 +0000 Attachments: Cover_Page_and_Table_of Contents.pdf; Exhibit_A_--_Executive_Summary.pdf; Exhibit_B-1-a_ Estate_--_Debra_Survives_Leon.pdf; Exhibit_B-1-b_--_Estate_-- _Leon_Survives_Debra.pdf; Exhibit_B-2-a_--_Trusts_--_Debra_Survives_Leon.pdf; Exhibit_B-2-b__Trustsr _Leon_Survives_Debra.pdf; Exhibit_C_-- _Estate_Administration_Timeline.pdf; Exhibit_D-1-a_--_Estate_-- Debra_Survives Leon.pdf; Exhibit_D-1-b_ Estater _Leon_Survives_Debra.pdf; Exhibit_D-2-t-S_Trustsr _Debra_Survives_Leon.pdf; Exhibit_D-2-b_--_Trusts_-- Leon Survives Debra.pdf I was not consulted on one input, characterization or conclusion. i never saw this before. This is NOT my idea at all of a FIRE DRILL. ZERO, it is literally just the U.S. Trust template for small ( read dentist) estates. filled in by ada.( US Trust) with your huge numbers. she is not even smart enough to update the stock price ??!!! if you want to decide re testementary clat s you need to see its assumptions, interest rates , rates of return , tax rate , etc.. be told its benefits and burdens. ie who is managing. trustees? benefit children. - grand children, any public charities. ? if art is left would you prefer sale or gift to public A Fire drill report, for the tenth time begins with your will and the a detailed anaylsis of your biggest asset. BRH, sec filings, new GP's, legal reps . executive reps. . restrictions . executors.. curators. valuations for irs. what art goes first. tax basis decision. , a list of all the trusts.provision,s method to resolve conflicts. . role for josh and ben . a who- does -what. houses? . collections. a DETAILED tax anaylis, not the cost of a funeral which they include. properly done it will take 6 months. I thought you told me it was being done. the only thing done it seems was to rehash the superficial benefits of a clat. a 1 hour excercise , and even then it has so many numbers that were not carefully reviewd, reddering it useless. I can try to free up 30 minutes tonite . but as i will have to step out , I d appreciate it if we could have it on time. ::) Forwarded messTe From: Halperin, Alan S Date: Thu, Sep 29, 2016 at 11:02 PM Subject: Fire Drill To: "jeffrey E." <[email protected]> Hi Jeffrey. I hope you are well. EFTA00816887 I am attaching copies of our fire drill analysis. Would you be available to discuss tomorrow morning (on the early side). I look forward to catching up and getting your feedback. Best. Alan Alan S. Halperin I Partner Paul, Weiss, Rifkind, Wharton & Garrison ILI' 1285 Avenue of the Americas I New York NY 10019.6064 This message is intended only for the use of the Addressee and may contain information that is privileged and confidential. If you are not the intended recipient, you are hereby notified that any dissemination of this communication is strictly prohibited. If you have received this communication in error, please erase all copies of the message and its attachments and notify us immediately. please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute 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 prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00816888