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efta-efta00865807DOJ Data Set 9OtherFrom: Brad Wechsler <a>
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DOJ Data Set 9
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efta-efta00865807
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From: Brad Wechsler <a>
To: [email protected] <[email protected]>
CC: "a"
a>
Subject: Follow-up
Date: Sun, 25 Jan 2015 20:45:19 +0000
A couple of things I forgot to mention:
1. I want to confirm that the 112 dozen or so intra family notes that compound annually should be amended to
annual cash pay. I also want to confirm that you want the interest rates somewhat higher than the AFR safe
harbor rates.
2. I plan to institute quarterly meetings between the Trustees and beneficiaries where they will be provided (by
the trustees) a quarterly update on the trust assets. This will also be a forum for general discussion between
trustees and beneficiaries. At some point we may also invite relevant guests for part of the meeting presenting on
topics of interest or relevance. From my perspective Leon should obviously attend as well. Should there be an
executive session between trustees and beneficiaries? (No me, no leon)
3. I want to push the internal team to do all relevant administration for art partnership and Nar. Anything going
on why I shldnt push. (I know we may fund/contribute assets incrementally).
4. I plan to keep Elysium Ilc as owned and funded (overhead) by leon. Any issues? I am also going to be
appointed a managing director (with leon) so I can sign for the office.
Let's discuss the above as relevant. B
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