EFTA02576871

From: Alan S Halperin Sent: Monday, October 28, 2013 1:02 PM To: Ada Cc: Eileen Alexanderson; Jeffrey Epstein Subject: Decanting Hi Ada. Let me jump in. Over the weekend, and early this morning, I had several calls with Jeffrey. (As you know, we often speak over the weekend and in the early morning.) The issues with the 1997 Trust are different than those with the 2006 Trust. So we are fine proceeding with the decanting of 2006 Trust. With the 1997 Trust, I recommend that the Independent Trustee exercise its amendment powers, rather than decant, to get to where we need to be. The provision to which Jeffrey alluded is in the 1997 Trust, and not in the 2006 Trust. We can discuss during our upcoming call. Thanks. Alan IRS Circular 230 disclosure: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein. Click Here for More Information <http://www.paulweiss.com/files/tbl_s29Publications/FileUpload5679/5647/230.pdf> Alan S. Halperin I Partner Paul, Weiss, Rifkind, Wharton & Garrison LLP the Americas I New York, NY 10019-6064 (Direct Phone) I (Direct Fax) < t p: www.pau weiss.comk From: Ada .com> To: "Jeffrey Epstein" <[email protected]> Cc: "Eileen Alexanderson" Alan S Halperin/PaulWeiss@PaulWeiss Date: 10/28/2013 08:38 AM Subject: Re: Good morning Jeffrey, EFTA_R1_01749224 EFTA02576871 Are you just concerned with the 1997 trust? Shall we go ahead with the notice of decanting for the 2006 trust. The trustees must give the beneficiaries of the 2006 Trust 30 days notice of their intention to decant that trust. Last Trustee is signing those documents today so we could send the notice out today. Sent from my iPad On Oct 28, 2013, at 8:14 AM, Jeffrey Epstein <[email protected] <mailto:[email protected]» wrote: no decanting until after our meeting on the 6th. please , I do not like the paragraph in the 97 trust 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] <mailto:[email protected]> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved This message is intended only for the use of the Addressee and may contain information that is privileged and confidential. If you are not the intended recipient, you are hereby notified that any dissemination of this communication is strictly prohibited. If you have received this communication in error, please erase all copies of the message and its attachments and notify us immediately. 2 EFTA_R1_01749225 EFTA02576872