Case File
efta-efta00630267DOJ Data Set 9OtherFrom: Eileen Alexanderson
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DOJ Data Set 9
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efta-efta00630267
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From: Eileen Alexanderson
To: [email protected] <[email protected]>
Subject: Re: Fwd: split $ insurance
Date: Sat, 06 Apr 2013 12:55:16 +0000
Are you set to speak with Fenn later?
From: Jeffrey Epstein [[email protected]]
Sent: Saturday, April 06, 2013 08:40 AM Eastern Standard Time
To: Eileen Alexanderson
Subject: Fwd: split $ insurance
this says 15 million
Forwarded message
From: Eileen Alexanderson
Date: Tue, Mar 5, 2013 at 9:00 PM
Subject: split $ insurance
To: Jeffrey Epstein <[email protected]>
Attached you will find the 12/31//12 update on the policies.
There is $50mi1 on Leon and $100mil in second to die policies.
We are overdue to revisit this subject. Subject was put on hold because we were likely going to use the 2006
Trust to buy the policies out of the split $ arrangement. Thought was that we needed to straighten out our issues
related to the income right first. Also, at that time we were in really tough shape in terms of Cash surrender value
vs the split $ advance. Since then, we have seen a good bit of improvement. The second to die policies are in
decent shape but policies on Leon are not, especially Sec Life policy. Also, as you will see, the reportable gift is
not insignificant now. In the attached I have included the initial summary I did when I first met with Roger
Cammon from the Bryant Group to talk about these policies and on the subject of insurance as asset protection
and some addl random notes that give you some background. Also, you will see the memo Carlyn prepared
around the time of our last sitdown which was in Dec a year ago. Roger came in with an analysis of the policies
using assumed rates of return that were crazy high. I spoke to him in mid Dec last year. He is supposed to be
sending me an update using more rational return assumptions. I stopped paying premiums over a year ago and
draw from the policies instead.
Subject is on my "to-do" list, just haven't gotten back to it.
Original Message
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