EFTA Document EFTA01897000

To: Boris Nikolic[t From: Jeffrey Epstein Sent Sun 3/31/2013 1:51:06 AM Subject: Re: I prefer to leave mine as is, it should have my voice, also add the word" family " that is mising from the end., On Sun, Mar 31, 2013 at 3:32 AM, Boris Nikolic wrote: Just minor changes below. I tried to preserved as much of your wording and structure and yet I expelled some parts that might be unnecessary. It is TOTALLY UP TO YOU which version I should send it. Please let me know The revised is below. Jagland Thorborn bad a great time and really enjoyed the visit. Bill should put together his requirements for further review by the IPI team and not let it happen at the subordinate level. I think Bill is finally getting the idea of how unique his financial, estate life ,and foundation structure is. And yet, there is a significant room for improvement. However, I very much appreciated the fact that this time he at least said "thank you." That being said I am fully aware of the tediousness of his having to respond everyday to people asking for things. He is so bright in so many fields , but I think that he did not have enough time to fully focus and learn in details re personal finance. I hilly believe that between 20 -50 billion is an extremely realistic goal to raise for his foundation. If he chooses to learn how to solve a problem, the first thing would be to send three years of tax returns as well as his current will and trust doe s if any, IT would take me a couple of days to review. It would take probably two full days of our concentrated discussion. Given that time Im sure he will understand the vast majority of alternative solutions. I am willing to spend the initial time soley as a gesture of friendship. I am guarantying that this time will be more than 10 EFTA_R1_00322522 EFTA01897000 times more productive that a time that he is spending with Icahn Milken or Washington's fund raising efforts . It is a remarkable fact that the personal financial profile , and its benefits and burdens of someone of bills hyper wealth does not scale up from the ordinary super rich. To properly plan for both estate and current issues, It takes a full working knowledge of many different and diverse categories of law, taxation, and accounting, mixed with a vast audit experience A necessary but not sufficient component is for example a full inventory of private letter rulings , and the experience of their complex interweaving . As important as you know is is the reality and public relations of the practical , i.e. how to give, to his children, public charities, donor advised funds. trusts, grats, clats, cruts nimcruts, etc while at the same time fully being cognizant of the extremely complex accompanying trust accountings. The following are some of the generalized categories. of law and securities required . Corporate,- partnership,- gift -estate-, trust, sales tax , bankruptcy, securities. insurance, international, maritime,( airplanes) contract, real estate, litigation, . foundation law - divorce. . The specific tax treatment of each cateogory especially partnership and its debt rules . In addition each has its separate and distinct accounting issues . A Hi working knowledge of personal, state, federal and local income, excise and capital gains tax is a requirement . .The subjects of charitable giving - trusts. , family law , art arc some of the investment categories but also needs to include alternative investment, equities, annuities, insurance and its unique benefits ,ie variable annuities etc, option strategies, swaps, futures ,forwards, hedges. and each of their own special commodity taxation. I recognize that friendship is only built over time, I consider you one of my closest friends. Few people ever get to sit up so close. I am very glad to with your encouragement to give Bill a chance to become part of the From: Jeffrey Epstein [mailto:ieevacation(a)omail.coml Sent: Friday, March 29, 2013 6:04 PM To: Boris Nikolic Subject: Thorbom had a great time and really enjoyed the visit. Bill should put together his requirements for further review by the IN team and not let it happen at the subordinate level. EFTA_R1_00322523 EFTA01897001 I think Bill is finally getting the idea of how unique and at the same time under structured and frankly unsophisticated his financial, estate life ,and foundation structure is. However. I very much appreciated the fact that this time he at least said "thank you." That being said I am fully aware of the tediousness of his having to respond everyday to people asking for things. He is so bright in so many fields . but personal finance is apparently and certainly not one of them. I fully believe that between 20 -50 billion is an extremely realistic goal to raise for his foundation. It would take probably two full days of our concentrated discussion. Given that time lin sure he will understand the vast majority of alternative solutions.. I am well aware of his allergy to fees so I would spend the initial time soley as a gesture of friendship. ) 10 times more valuable than icahn milken or Washingtons stingy response. If he chooses to get his house in order( at least his children deserve as much consideration as the polio victims in Nigeria. ) the first thing would be to send three years of tax returns as well as his current will and trust doe s if any. IT would take me a couple of days to review. It is a remarkable fact that the personal financial profile and its benefits and burdens of someone of bills hyper wealth does not scale up from the ordinary super rich. To properly plan for both estate and current issues, It takes a full working knowledge of many different and diverse categories of law, taxation,and accounting, mixed with a vast audit experience . A necessary but not sufficient component is for example a full inventory of private letter rulings and the experience of their complex interweaving . As important as you know is is the reality and public relations of the practical . , i.e. how to give, to his children, public charities, donor advised funds. trusts, grats, clats, cruts nimcruts, etc while at the same time fully being cognizant of the extremely complex accompanying trust accountings. The following are some of the generalized categories. of law and securities required . Corporate,- partnership,- gift -estate-, trust, sales tax , bankruptcy, securities. insurance, international„ maritime,( airplanes) contract, real estate, litigation, . foundation law - divorce.. The spcci fie tax treatment of each cateogory especially partnership and its debt rules . In addition each has its separate and distinct accounting issues . A full working knowledge of personal, state, federal and local income, excise and capital gains tax is a requirement . .The subjects of charitable giving - trusts. . family law , art are some of the investment categories but also needs to include alternative investment, equities, annuities, , insurance and its unique benefits ,ie variable annuities etc, option strategies, swaps, futures ,forwards. hedges. and each of their own special commodity taxation. I recognize that friendship is only built over time. I consider you one of my closest friends. Few people ever get to sit up so close. I am very glad to with your encouragement to give Bill a chance to become pan of the 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 tee\ ac a t imi(tr gmail,e0m, and EFTA_R1_00322524 EFTA01897002 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 EFTA_R1_00322525 EFTA01897003