EFTA02640671

From: jeffrey E. <[email protected]> Sent: Monday, August 7, 2017 8:03 PM To: Valeria Chomsky Subject: Re: today - from our estate lawyer dumb this is all old news. the que=tion is why did noam not receive all the income from the trust and the tru=t instrument requires. . On Mon, Aug 7, 2017 at 3:5= PM, Valeria Chomsky > wr=te: "Dear Noam, =/P> I will take care of requesting the accounts =ram Max, and notifying Bainco on your behalf that your personal assets sho=ld be segregated from the trust's assets in their reporting, and n= longer mailed to Max. This would include statements for your IRAs a= Bainco as well as your revocable trust. Their reporting is unclear =nd at first glance it appears that the Cambridge home is owned by your rev=cable trust, but as I indicated in my email to you of last Wednesday, belo=, I believe that you personally own your Cambridge home and that it =s not in your trust. However I need to confirm this analysis when yo= provide me with the documentation that I have requested in the past, to e=sure that the home passes to Valeria at your death. =p class="MsoNormal" style="padding:0px;border:0px;font-size:15.9722213=4511719px;font- family:Arial,Helvetica,sans-serif;vertical-align:baseline;C=I0r:rgb(0,0,0)"> A de=ailed summary of the facts as per my review of the file appears below, alo=g with the document request and follow-up item requests in bold. I attach =he records that I have reviewed. I am sending this via securemail du= to the sensitive nature of some of the attachments. Please let me k=ow if you have any trouble accessing the documents. 1. 4,>=A0 The c=st of the Cambridge home was $1.2M. Please see P&S and Title Ins=rance Policy attached. 2. The home is actually a Cooperative so you purchased a Leasehold Intere=t in Unit 404 and the store room number 4-404, of which Longview Corporati=n is the Lessor. a. c/=pan>Please see Notice of Lease attached obtained from the Regist=y of Deeds. b. =C240 =/span> EFTA_R1_01874250 EFTA02640671 =span style="margin:0px;padding:0px;border:0px;font-style:inheritfont-si=e:11ptfont-family:Calibri,sans- serif;vertical-align:baseline;color:rgb(31=73,125)">3. =C24> You borrowed $539,000 for this p=rchase from Boston Private; there is a mortgage on record and as such the =ank has a security interest in the home. Please see Mortgage with Le=sehold Rider and Cooperative Rider attached obtained from the Registry of =eeds. 4. 4=A0 You borrower $516,000 for this purchase from the Carol S. Chomsky Exempt Marital Trust= There is no mortgage/security interest on record to secure this bor=owing. Please see Promissory Note attached. S. 4>=A0 Please let me know if you pla= to put the Cambridge home on the market and if so when; and if you plan t= purchase a residence in Tucson. The state of your domicile, which i= determined for estate tax purposes on a subjective basis, is central to y=ur estate planning. I need to advise you as to this matter but I do =ot have sufficient information on your plans at this point. =lease let me know when we can schedule a call to discuss this. =C2* On a side note, =y accounting department let me know recently that you have several invoice= outstanding, dating back to May. I am sure these have slipped throu=h the cracks due to your busy travel schedule! My firm would appreci=te receiving payment. Please let me know if you would like m= to send copies of these invoices. conversation-id 35821 date•last-viewed 0 date-received 1502136152 flags 8590195713 gmail-label-ids 7 6 remote-id 737175 2 EFTA_R1_01874251 EFTA02640672