EFTA02640608.pdf

From: Valeria Chomsky Sent: Monday, August 7, 2017 7:55 PM To: Jeffrey E. Cc: Noam Chomsky Subject: today - from our estate lawyer "Dear Noam, I will t=ke care of requesting the accounts from Max, and notifying Bainco on your =ehalf that your personal assets should be segregated from the trust4o=99s assets in their reporting, and no longer mailed to Max. This wou=d include statements for your IRAs at Bainco as well as your revocable trurt. Their reporting is unclear and at first glance it appears that th= Cambridge home is owned by your revocable trust, but as I indicated in my=email to you of last Wednesday, below, I believe that you personally=own your Cambridge home and that it is not in your trust. However I =eed to confirm this analysis when you provide me with the documentation th=t I have requested in the past, to ensure that the home passes to Valeria =t your death. A detailed summary of the facts as per my =eview of the file appears below, along with the document request and follo=-up item requests in bold. I attach the records that I have reviewed.Q=A0 I am sending this via securemail due to the sensitive nature of some of=the attachments. Please let me know if you have any trouble accessin= the documents. 1. The cost of the Cambridge home was $1.2M. Please see P&=S and Title Insurance Policy attached. 2. 40=A0 The home is actually a =ooperative so you purchased a Leasehold Interest in Unit 404 and the store=room number 4-404, of which Longview Corporation is the Lessor. 0=A0 a. =C24> Please see Notice of Lease attac=ed obtained from the Registry of Deeds. b. =C24> Please provide me with a copy of all Longview Corporation documentat=on, which should include the lease, corporate by-laws, any Assignmen=s of Lease, and any other documentation relating to your leasehold interes= and relating to Longview Corporation. You may have a single binder =rom Longview with all of the pertinent documents. 3. You borrowed $539,000 for this purchase from Boston Private; there is=a mortgage on record and as such the bank has a security interest in the h=me. Please see Mortgage with Leasehold Rider and Cooperative Rider a=tached obtained from the Registry of Deeds. EFTA_R1_01874160 EFTA02640608 4. 4,=A0 You borrowed $516=000 for this purchase from the Carol S. Chomsky Exempt Marital Trust.Q=A0 There is no mortgage/security interest on record to secure this borrowi=g. Please see Promissory Note attached. =C24) P=ease let me know if you plan to put the Cambridge home on the market and i= so when; and if you plan to purchase a residence in Tucson. The sta=e of your domicile, which is determined for estate tax purposes on a subje=tive basis, is central to your estate planning. I need to advise you=as to this matter but I do not have sufficient information on your plans a= this point. Please let me know when we can schedule a call =o discuss this. On a side no=e, my accounting department let me know recently that you have several inv=ices outstanding, dating back to May. I am sure these have slipped t=rough the cracks due to your busy travel schedule! My firm would app=eciate receiving payment. Please let me know if you would li=e me to send copies of these invoices. I look forward to hearing=from you soon, and to receiving the Coop documentation." 2 EFTA_R1_01874161 EFTA02640609