EFTA00583241.pdf

ACTION LIST FOR YEAR-END PLANNING As of January 14, 2013 ACTION TO BE TAKEN RESPONSIBLE PARTY TIMING/STATUS NOTE-CLEAN UP Eileen to transfer funds for LDB 2011 LLC to purchase $5.12 MM notes from the Yggdrasil 1 Family Office/Eileen Complete Trust, the Tron Trust and the 2006 Trust. BEB 2011 Trust borrows $3,250,008 plus interest from LDB 2011 LLC and repays Note to Family Office/Eileen/Elizabeth Complete Ben Black 2010 Trust. 2. • Eileen to transfer funds. • Elizabeth to send out letter to Ben Black 2010 Trust to acknowledge payment and return cancelled note to BEB 2011 Trust JMB 2011 Trust borrows $5,897,726 plus interest from LDB 2011 LLC and repays Note to Family Office/Eileen/Elizabeth Complete Joshua Max Black 201(Trust. 3. • Eileen to transfer funds. • Josh's 2011 Trust to acknowledge payment and return cancelled note to JMB 2011 Trust Eileen to discuss with Leon whether the children should be consulted regarding investing the Family Office/Eileen In Progress 4. new funds held in their trusts. 1 of 3 EFTA00583241  ACTION LIST FOR YEAR-END PLANNING As of January 14, 2013 DECANTING 2006 TRUST Waiting for Leon's 1 Assignment by 2006 Trust to APOI Trust of Note dated August 15, 2013 issued by Leon, as Maker. Signature All others have signed Waiting for Leon's 2. Assignment by 2006 Trust to APOI Trust of its interests in LBF Holdings, LLC. signature. All others have signed Assignment of Art held in 2006 Trust to APOI Trust. PW to send execution copy Waiting for Leon's 3. Family Office to send email to signature. All others have • Email to Jeffrey Haber to change Named Insured Haber signed. 4. Transfer balance of cash account to APOI Account. Family Office-Eileen In progress. Draft and execute either (i) use agreement between APOI Trust and DB regarding use of art held by the trust, or (ii) lease agreement between APO I Trust and Leon To be discussed by the 5. (to include the fair market rental rate for his use) Team Team • If lease agreement, this will trigger New York State sales tax. DECANTING 1997 TRUST lk I. Decanting Instruments to be Revised to include changes to the decanting statute. PW to revise the document In progress Resolve whether the APO2 Trust will have a sub-trust to be used for the second-to- 2. Team to discuss die insurance after the split dollar agreements is rolled-out. Once sub-trust issue is 3. Execute APO2 Agreement resolved, PW to draft execution copy 2 of 3 EFTA00583242  ACTION LIST FOR YEAR-END PLANNING As of January 14, 2013 ACTION TO BE TAKEN RESPONSIBLE PARTY TIMING/STATUS SPLIT DOLLAR Prepare Memorandum to Trustees of APO! Trust to request funds to repay AIF IV I. Family Office-Ada Early 2014 for premium advances to Trust #2. Trust #1 • Ada To prepare Notice of termination to AIF Bryant Group/Family • Roger Cammon to prepare and send Surrender forms for single life policies. Early 2014 Office/McDermott to review • Roger to send a form of letter from AIF requesting that entire cash value be paid to it based on the collateral assignment. Trust #2- • Ada To prepare Notice of termination to AIF 3. Bryant Group Early 2014 • Roger Cammon will send a form to be completed by AIF releasing the collateral assignment. Memo sent to John Follow up with John Suydam regarding dissolving AIF IV. 11.25.13. Email 4. Family Office-Ada/Eileen • Execute documents to dissolve AIF IV. reminder from Eileen sent 12.4.12. 3 of 3 EFTA00583243