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efta-efta00865809DOJ Data Set 9OtherFrom: "Jeffrey E." <[email protected]>
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DOJ Data Set 9
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efta-efta00865809
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From: "Jeffrey E." <[email protected]>
To: Brad Wechsler
Subject: Re: Follow-up
Date: Sun, 25 Jan 2015 21:07:16 +0000
phone
On Sun, Jan 25, 2015 at 4:45 PM, Brad Wechsler <
wrote:
A couple of things I forgot to mention:
I. I want to confirm that the 1/2 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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