EFTA02517188.pdf

From: Sent: To: Subject: jeffrey E. <jeevacation@gmail.com> Friday, November 7, 2014 4:03 PM Jeffrey Epstein Fwd: Forwarded messag= From: jeffrey E. <jeevacation@gmail.co= <mailto:jeevacation@gmail.com» Date: Fri, Nov 7, 2014 at 11:56 AM Subject: To: =effrey Epstein <jeevacation@gm=il.com <mailto:jeevacation@gmailcom» recent planning has been remarkable&nbsp; given the highly&nb=p; unusual circumstances.&nbsp; aggressively suggesting "I am talking out of =oth sides of my mouth" when i say that I strongly beliieve your team needs to be=br> seriously upgraded to match the high As you are well aware, There is little I won't do for you, or at least try to do&nbsp; as = friend, and&nbsp; a great deal&nbsp; that I have already done (&nbsp; b=th known and some things that&nbsp; willneed to&nbsp; remain unknown.) &nbsp; Our arrangement was for me to architect&nbs=; sophisticated structures that would be beneficial to you.&nbsp;&nbs=; that is what l&nbsp; have done &nbsp; and will continue&nbsp; do in or=er to fulfill my obligations under our&nbsp; agreement.&nbsp; &nbsp;&nbsp; The&nbsp;=discovered fact that you&nbsp; in reality need an entire&nbsp; family office built from scratch has been trying<=r> &nbsp; I have&nbsp; aleady&nbsp; agreed&nbsp; de- facto to try to&nbsp; help.&nbsp; I would&nbsp;&nbsp; s=ggest that Phaidons payroll and attention pales in importance&nbsp; to your personal structure,which has taken a back seat, Some of &nbsp; &nbsp;&nbsp; my suggestions&nbsp; regarding the Eysium&nbsp= office&nbsp; are as follows&nbsp;&nbsp; you will need a budget of 3- 5 million per year.&nbsp; CEO&nbsp; 1 million,&nbsp; new tax person to work with rich, 250.&nbsp; new bookkeeper&nbsp; ,200&nbsp;&nbsp; new paralegal to work with ADA Alan etc , coordinating with Apollo, Akin , paul weiss , new acct openings , &nbsp; sec filings, sales tax review,&nbsp; et=. &nbsp; $150 . art point person. loan , inventory, purchasing support, &nbsp; $??&am=;nbsp; software servers. video conferencing,&nbsp; tax oversight. &nbsp;&nbsp;<=r> <br></div>&nbsp;&nbsp; I believe&nbsp; You should&nbsp; rapidly address trustees&nbsp; , gift trust,&n=sp; succesion,&nbsp; wills of debra and children,&nbsp; ,&nbsp; monetization&nbsp; events = cash flow. etc &nbsp;&nbsp;&nbsp; I can of course&nbsp; share my experiences with you on each issue. <br></div>&nbspAnbsp; With regard&nbsp; the more pressing issue I am uncertain of just =ow to proceed.&nbsp;&nbsp; I am torn, as my very strong inclination is no= to be involved at all .&nbsp; It is extremely time consuming, delicate, fraught with many pitfall many that will make you very upset and a major pain in the ass.&nbsp;&nbsp; I wrote you months ago that the quality of the people involved need to&nb=p; be upgraded. ( lucky for me&nbsp; these last issues arose way before=the begining of my involvement ) &nbsp; I am also aware however&nbsp; of&nbs=; my overarching friendship&nbsp; obligations of&nbsp; ok, -given all the complexities&nbsp; who else can do it? problem. <br>&nbsp;Your family office needs a daddy.&a=p;nbsp; children with good intentions are running around , sniping , nitpicking with little direction.&nbsp; As a stopgap measure I am suggesting , we put i= Larry Delson to take charge&nbsp; Everyone would report to him.&nbs=; eileen included. He would however work for me.&nbsp; this is not, by a long first choice as I prefer only&nbsp; being responsible and standin= behind my own personal&nbsp; word DONE will no long=r be transmitted to reflect status stated&nbsp; by others )&nbsp; <br></div>&nbspAnbspAnbsp; With no commitment onar> my part whatsoever, to do it. So far failed&n=sp; in my attempt in&nbsp; trying to think&nbsp; through the problem&nbsp= creatively work (&nbsp; ie the as I have&nbsp; . My&nbsp; EFTA_R1_01652359 EFTA02517188 organizations handling of the more complex isssues I believe you might find&nbsp; ver= costly, very ! ( however many structures available&nbsp; some risk sharing, maybe risk caps ,etc ) but would require my teams doing the work&nbsp; , not<=r> yours.&nbsp; <span style="background-color: rgb(255, 255, 0);">Ada&nbsp; should be only a trust, grat administrator.&nbsp;&nbsp; not sure what role y=u prefer for Eileen as you hired her initially&nbsp; to oversee investments.&nbsp= whether Rich your controller stays or not,&nbsp; is not urgent.&nbsp; having Tom repo=t to a new person,- is.&nbsp;&nbsp;&nbsp;</span> coordination with S=ydam Kathy gregory, I would suggest limiting to one person.&nbsp; The increasing public profile needs to be=taken into consideration. <br></div>&nbsp;&nbsp; talk l=ter..<br clear="all"><br>-- < =C2 please note The information containe= in this communication is confidential, may be attorney-client privileg=d, may constitute inside information, and is intended only for the u=e of the addressee. It is the property of JEE Unauthorized use, disc=osure or copying of this communication or any part thereof is strictly =rohibited and may be unlawful. If you have received this communicati=n in error, please notify us immediately by return e-mail or by e-mail =o jeevacation@g=ail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, =ncluding all attachments. copyright -all rights reserved </=iv> 2 EFTA_R1_01652360 EFTA02517189