From: Ada Clapp

From: Ada Clapp To: Jeffrey Epstein <[email protected]> Cc: Eileen Alexanderson Subject: Re: Date: Tue, 26 Nov 2013 14:27:38 +0000 I will put something together for Leon. I also emailed Elyse and Rich this morning to ask them to expedite their timing. Ada Clapp Black Family Partners do Apollo Management 9 W 57th Street New York NY 10019 phone: email: IRS Circular 230 Disclosure: Pursuant to IRS regulations, I inform you that any tax advice contained in this communication (including attachments) is not intended or written to be used, and cannot be used by any person or entity for the purpose of (i) avoiding tax related penalties imposed by any governmental tax authority, or (ii) promoting, marketing or recommending to another party any transaction or matter discussed herein. I advise you to consult with an independent tax advisor on your particular tax circumstances. This communication, and any attachment, is for the intended recipient(s) only and may contain information that is privileged, confidential and/or proprietary If you are not the intended recipient, you are hereby notified that further dissemination of this communication and its attachments is prohibited. Please delete all copies of this communication and its attachments and notify me immediately that you have received them in error. On Nov 26, 2013, at 9:18 AM, Jeffrey Epstein <[email protected]> wrote: Send him all so far On Tuesday, November 26, 2013, Ada Clapp wrote: Hi Jeffrey Carlyn's memo will lay that all out. Unfortunately, we don't have it yet. Elyse confessed that they did to focus totally on income tax consequences until we asked them to put it in paper. She is waiting for Rich to confirm the income tax liability of turning over the policies to the S-corp. Rich was also going to quantify the possible gift tax exposure if the IRS comes back and asserts loan regime treatment since 2007. I am reluctant to give Leon a status memo until Carlyn has fully laid out her plan. What do you suggest? I will check back with rich today on timing. Sent from my iPhone Ada On Nov 26, 2013, at 7:22 AM, Jeffrey Epstein <[email protected]> wrote: EFTA00977066 Ada , please send Leon a copy of all the memos on the split dollar issue, please also include carlyns first proposals. he would I like to understand where we are , how we got here, and what the choices are and why 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], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved 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], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00977067