EFTA00652961.pdf

From: "McCaffrey, Carlyn" To: Jeffrey Epstein <jeevacation@gmail.com> Subject: RE: Re: Date: Thu, 31 Jan 2013 14:58:06 +0000 I'm on a conference call. Will call you when I'm done. Carlyn S. McCaffrey I Partner McDermott Will & Emery LLP I 340 Madison Avenue, New York, NY 10173 From: Jeffrey Epstein Imailto:jeevacation@gmail.com) Sent: Thursday, January 31, 2013 9:38 AM To: McCaffrey, Carlyn Subject: Re: Re: could you give me a quick call- On Tue, Dec 18, 2012 at 9:37 AM, McCaffrey, Carlyn < > wrote: It creates a level of concern that I would rather avoid. We don't have that problem if we use Debra. Carlyn S. McCaffrey I Partner ' Emery LLP 340 Madison Avenue, New York, NY 10173 From: Jeffrey Epstein [mailto: :gnaisoin Sent: Tuesday, December 18, 2012 8:31 AM To: McCaffrey, Carlyn Subject: Re: Re: i thought that is only one for one, ? vic -josh josh,ben, / do they combine like step transaction? you are great On Tue, Dec 18, 2012 at 9:28 AM, McCaffrey, Carlyn < > wrote: If the other children are beneficiaries, we would have a reciprocal trust problem Carlyn S. McCaffrey I Partner "anatrnan Emery LLP I 340 Madison Avenue, New York, NY 10173 From: Jeffrey Epstein [mailto:jeevacation(thgmail.com Sent: Tuesday, December 18, 2012 8:27 AM To: McCaffrey, Carlyn Subject: Re: I thought that each child could have the other three as benef , not debra can you send another co-vel letter I cannot locate the first either On Tue, Dec 18, 2012 at 9:22 AM, McCaffrey, Carlyn < > wrote: I've asked Darren to send me a copy of the letter you already signed so I can modify it. We can't seem to find it. We are working on the children's trust agreements. EFTA00652961 The plan so far is to have distributions made to the two younger children from their individual trusts. They will use those funds to fund their new trusts. The two older ones will use portions of the notes that were issued to them from their individual trusts. Because those notes would not make very good investments for long term, multi-generational trusts, we expect that the notes will be paid off when they are held by the trustees of the new trusts. We expect that Leon and Debra will be trustees. Leon will be an independent trustee. Debra will also be a beneficiary so that each trust will have a current beneficiary even before it settlor has any children. The trust agreement will make it clear, however, that the settlor's primary intention is that the trust will be held for the benefit of his or her future descendants. The trusts will be grantor trusts treated as owned by their settlors. Any thoughts or comments? Carlyn S. McCaffrey I Partner Mcnprmntt Will & Emery LLP I 340 Madison Avenue, New York, NY 10173 From: Jeffrey Epstein [mailtmjeevacSgmail com Sent: Tuesday, December 18, 2012 8:14 AM To: Darien Indyke; McCaffrey, Carlyn Subject: status of co vel? letter, leons children signing etc. 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 Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. 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If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved 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 Jeffrey Epstein 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 jeevacation@gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved 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 Jeffrey Epstein 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 jeevacation@gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00652963