EFTA Document EFTA01937136

To: Jeffrey Epsteinfleevacationagmail.comj From: Mortimer Zuckerman Sent Sat 2/1/2014 12:54:33 PM Subject Re: Lets continue talking. Sorry this is difficult but it is so extraordinary on so many levels. Mort Sent from my iPhone On Feb I, 2014, at 6:41 AM, "Jeffrey Epstein" <jcsvacationagmail com> wrote: as I never gave you my proposed tax structure to bounce off of them. the fact that they "disagreed "is understandable. Not sure what they disagreed with? you should ask them re their experieince with derivatives. and their tax consequences. sorry, On Fri, • ckerman wrote: Jeffrey. I have now consulted with three tax specialists and they do not see the issues as you do especially on the step up. Sent from my iPhone On Jan 31, 2014, at 5:44 PM, "Jeffrey Epstein" <jeevacationagmail coin> wrote: mort, I understand the myriad of strains that you are laboring under. To be fair , you first told me to work on your documents and i should feel comfortable that we would reach an agreement. I spent weeks of my time and my teams time. we found and corrected errors that would have cost over 100 million dollars based on faulty drafting. Alan halperin charged you only 34k. You then told me that I should stand down and Ellen had everything under control. However after spending hours with her. She didn't even know the basis in your billion dollars notes. you then asked me to come see you with Terje , and agreed and shook hands with both taje and i a fee of 21 million dollars and argued for Terje to receive a million of it. This is roughly half the fee I told you is my standard. I hired two people , had many meetings, some with Chris to revivew all your documents . again though you bad my contracts since september told me that now as the daily news would be merged the post. I should wait another week. I have told you all along that a performance based fee would be a percentage of tax saviings and cost a lot more money. I told you that your trust statements were problematic as EFTA_R1_00393127 EFTA01937136 they had notes due form the daily news. the statement givein to the bank to support your loans was an issue. . I have repeatedly said there are ways to deal with all these issues. , but this is what I do for a liviing. you are my very good friend and I have given you great advice. I then recievd a call from LEon Black , telling me that you had asked to find a sophisticated tax person, and he also pointed you to me. I am aware of the difficutly you have in paying real money for real advice. I am surprised as when it comes to real esate you have always been the top bidder for A qualtiy property. paying more that others though reasonsoble and with great results. I have been very clear, that your issues required delicate surgery. litigation profile, income tax, real estate trasnfer, sec regualtions as a board memeber of BXP. charitbel contribuiton and pledges. art work that needs to get sold asap. and partnership accountings . A cash flow statment that is dangerous , when combined with 60 million dollars of unfunded capital commitments. . Billoins of dollars of fictional preferred on your balance sheet. . ambiguous setffiement language with Marla. Three times now you have agreed to something , and then changed your mind the following week. I only have good feelings towards you, and am torn watching you do yourself financial harm. My offer to work for 20 million is of course no longer in effect. and though I have found hundreds of millions of dollars of issues. you appear to find my best advice too expensive, I an aware of your health issues as you know, and will stand by you as a friend. giving you answers to questions that are the bread and butter of my business , and as of today being out of pocket on your behalf is my act of friendship. that doesn't make it fair. On Fri, Jan 31, 2014 at 5:13 PM, Mortimer Zuckerman `MMIla wrote: I am puzzled by this. How do you get a basis step up this is serious news thanks Jeffrey mort Sent from my iPhone On Jan 31, 2014, at 1:40 PM, "Jeffrey Epstein" [email protected]> wrote: if you were to get married. many of the more tricky isseus woudl be solved. no estate tax. . basis step up. guardain ship for rene. . 100s of millilns saved ************ ******** **••******* ************** ************** The information contained in this communication is EFTA_R1_00393128 EFTA01937137 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 This message is a private communication and is intended only for the named addressee. It may contain information which is confidential. proprietary andfor privileged under applicable law. If you aro not the designated recipient. you may not review, copy or distnbuto this message. If you receive Ihis message in error. please notify the sender by reply e-mail and delete this message from your system. Thank you 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 This message is a private communication and is intended only for the named addressee. It may contain information which is confidential. proprietary ancifor privileged under applicable law If you aro not the designated recipient. you may not review. copy or distribute this message. If you receive this message in error. please notify the sender by reply e-mail and delete this message from your system. Thank you *********************************************************** EFTA_R1_00393129 EFTA01937138 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 c-mail or by e-mail to [email protected] and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved This message is a private communication and is intended only for the named addressee. It may contain information which is confidential. proprietary anclior privileged under applicable law. If you are not the designated recipient. you may not review, copy or distribute this message. If you receive this message in error. please notify tho sender by reply o-mail and delete this message from your system. Thank you. EFTA_R1_00393130 EFTA01937139