EFTA01952356

To: Mortimer Zuckermani From: Jeffrey Epstein Sent Sun 10/27/2013 12:31:58 AM Subject: Re: the numbers are the easy part .. the practical judgements , like having your trustee have to ask your daughter for money, or for having morgan stanley audit their own numbers , or trying to transfer the value of usnews , with limited cashflow , grats will not work, ( ellen doesn't know the numbers , she was going to use R and R ). having neg basis in bxp and , an exagereated preferred in the daily news and usnews, capital commitments in funds that might not allow transfer, to your beficiarires , or they might be willing to accept those investments, ( no anaylsis really done yet ). , tax nols that will expire shortly , charitable commimtents, that need to offset current income tax soon to be generated. , art values with inherent gain , donor advised fund silly, is super smart, Kris needs to justify his staying and explain away , error after error that has been allowed to grow. .. alterative minimum tax that will shortly affect you. , take your time , to understand On Sat, Oct 26, 2013 at 8:17 PM, Mortimer Zuckerman wrote: Thanks Jeffrey I will go through the plan this week and try to understand it especially the financing dimension of discounting future values and financing them at current rates which I admit I don't fully understand the operational aspects and thus it's value. Mort Sent from my iPhone On Oct 26, 2013, at 7:43 AM, "Jeffrey Epstein" <[email protected]> wrote: im in caribean , Im of two minds, my friendship resposnibility dictates that i tell you that the plan is flawed. seriously flawed .. my professional responsbiliy dictates stay out of it , as mort has yet to understand the value of what is being suggested. *********************************************************** 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 [email protected], and destroy this communication and all copies thereof, EFTA_R1_00420049 EFTA01952356 including all attachments. copyright -all rights reserved This message is a private communication and is intended only for the named addressee. It may contain information which is confidential. proprietary and/or privileged under applicable law. If you arc not the designated recipient. you may not review. copy or distribute this message. If you receive this message in error. please notify the sender by reply e-mail and delete this message from your system. Thank you. 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 [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_00420050 EFTA01952357