From: Ada Clapp

From: Ada Clapp To: jeffrey E. <[email protected]>, Eileen Alexanderson CC: "Lawrence Delson Subject: Fire Drill Date: Fri, 16 May 2014 17:28:05 +0000 Attachments: UST-Black_Estate_Planning_Overview_as_of 04-16-14_(Dated_5.16.14).pdf Jeffrey and Eileen, Attached is the Estate Planning Overview prepared by US Trust. I am sending it to you before the broader team in case you want to make changes/revisions. Of course, the cash needs pages show one version of how assets would be sold to pay estate taxes and can be revised to better reflect the family's wishes in that regard. I look forward to receiving your comments. Ada Clapp Elysium Management U.0 445 Park Avenue Suite 1401 New York, New York 10022 Direct Dial: Fax: Ema 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 purposes of (i) avoiding tax related penalties imposed by any governmental tax authority, or (ii) proposing, 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 redpient(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. Thank you. EFTA00989619